A trade group representing shopping-center owners is urging the Trump administration to provide relief to retailers, restaurants and landlords as the coronavirus pandemic shuts down commerce around the U.S.
The government should guarantee or pay for business-interruption coverage, the International Council of Shopping Centers said Tuesday in a letter to President Donald Trump, Vice President Mike Pence and Treasury Secretary Steven Mnuchin.
Store closures “are placing an insurmountable strain on our members, and we believe federal government action is urgently needed,” the group said in its letter. . . . more