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Trump spoke with restaurant company CEOs about coronavirus response

Drive-through clients wait in line at a Chick-fil-A restaurant in Fort Worth, Texas.

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President Donald Trump spoke with executives of the most important U.S. restaurant corporations on Tuesday concerning the nationwide response to the coronavirus outbreak.

Participants on the decision with Trump included the CEOs of Domino’s Pizza, Chick-fil-A, Subway, Restaurant Brands International, Bloomin’ Brands, Yum Brands, Darden Restaurants, Papa John’s, Wendy’s and Raising Cane’s. McDonald’s U.S. president additionally participated.

The White House mentioned that the executives all dedicated encouraging clients to make use of drive-thru, pickup or supply choices. 

One trade govt on the decision with the president urged the White House to take motion to help small enterprise house owners with a fund that would offer money circulate for enterprise house owners to stay solvent throughout the coronavirus pandemic, hold workers on payroll and proceed to develop as soon as issues stabilize, based on an individual with direct information of the decision.

In response the president indicated his help, saying that “I think you’re really going to like what we’re doing,” the supply mentioned.

Representatives for the businesses didn’t instantly reply to a request for remark.

Trump praised the executives at a late morning briefing Tuesday.

“They have been fantastic,” the president mentioned. “They’re keeping it open, smaller staffs. Very capable people, very capable companies.”

At least 19 states across the country have mandated that restaurants and bars close their dining rooms amid the outbreak. Restaurant corporations like Chick-fil-A, McDonald’s and Starbucks have already closed their eating rooms in company-owned areas within the U.S.

Separately, McDonald’s mentioned Tuesday it may offer some franchisees rent deferrals as eating places shut or see visitors plunge. The international fast-food big additionally warned that the “negative financial impact” to its outcomes can’t be fairly estimated right now.

The chief executives of the International Franchise Association and the National Retail Federation had been additionally on the decision, in addition to Treasury Secretary Steve Mnunchin and Larry Kudlow, the president’s high financial advisor.

Here are the individuals:

Trump administration
President Donald J. Trump
Secretary Steven Mnuchin, Department of the Treasury
Larry Kudlow, Assistant to the President and Director of the National Economic Council
Tim Pataki, Deputy Assistant to the President and Director of the Office of Public Liaison
External individuals
Richard Allison, CEO, Domino’s Pizza
Dan Cathy, CEO, Chick-fil-A
John Chidsey, CEO, Subway
Jose Cil, CEO, Restaurant Brands International
Robert Cresanti, President and CEO¸ International Franchise Association
David Deno, CEO, Bloomin’ Brands
Joe Erlinger, President, McDonald’s USA
David Gibbs, CEO, YUM! Brands
AJ Kumaran, Co-CEO and COO, Raising Cane’s
Gene Lee, President and CEO, Darden Restaurants
Rob Lynch, CEO, Papa Johns
Todd Penegor, CEO, Wendy’s
Matt Shay, National Retail Federation

— CNBC’s Kate Rogers contributed to this report.


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