Photo: "Axios on HBO"

Carnival Corp. CEO Arnold Donald says he is not looking for a coronavirus bailout from Congress or the Trump administration and insists his company did the right thing in waiting to shut down cruises earlier this month.

  • The main priority is keeping checks coming to Carnival's 150,000 employees, Donald said in an interview with "Axios on HBO," but he's unsure how long the company can continue.

The big picture: The travel industry is one of the largest in the world. With nearly $6 trillion in revenue, it is responsible for an estimated 319 million jobs and a cadre of ancillary industries that includes local vendors, taxi drivers and artisans.

  • "One reason we are interested in sailing again as soon as is practical is because we touched so many small business owners around the world and here in the United States," Donald said in a one-on-one interview with "Axios on HBO."

Between the lines: “We don’t need a bailout in terms of giving us money. Getting a loan guarantee would be helpful,” Donald said, noting that "capital markets are constrained right now."

  • "On the other hand, if for some reason that doesn't happen, we are committed to trying to find a way to support those who are dependent on us for their livelihoods."

What it means: A federal guarantee would backstop the company’s loans and be a form of government assistance provided by either the Fed or Treasury Department.

  • The Miami Herald notes that a coronavirus bailout for the cruise industry could be tricky because unlike many other leisure and travel industries seeking government help, they are largely tax-exempt.

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Updated 7 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 7 p.m. ET: 12,859,834 — Total deaths: 567,123 — Total recoveries — 7,062,085Map.
  2. U.S.: Total confirmed cases as of 7 p.m. ET: 3,297,501— Total deaths: 135,155 — Total recoveries: 1,006,326 — Total tested: 40,282,176Map.
  3. States: Florida smashes single-day record for new coronavirus cases with over 15,000 — NYC reports zero coronavirus deaths for first time since pandemic hit.
  4. Public health: Ex-FDA chief projects "apex" of South's coronavirus curve in 2-3 weeks — Coronavirus testing czar: Lockdowns in hotspots "should be on the table"
  5. Education: Betsy DeVos says schools that don't reopen shouldn't get federal funds — Pelosi accuses Trump of "messing with the health of our children."

Scoop: How the White House is trying to trap leakers

Illustration: Sarah Grillo/Axios

President Trump's chief of staff, Mark Meadows, has told several White House staffers he's fed specific nuggets of information to suspected leakers to see if they pass them on to reporters — a trap that would confirm his suspicions. "Meadows told me he was doing that," said one former White House official. "I don't know if it ever worked."

Why it matters: This hunt for leakers has put some White House staffers on edge, with multiple officials telling Axios that Meadows has been unusually vocal about his tactics. So far, he's caught only one person, for a minor leak.

11 GOP congressional nominees support QAnon conspiracy

Lauren Boebert posing in her restaurant in Rifle, Colorado, on April 24. Photo: Emily Kask/AFP

At least 11 Republican congressional nominees have publicly supported or defended the QAnon conspiracy theory movement or some of its tenets — and more aligned with the movement may still find a way onto ballots this year.

Why it matters: Their progress shows how a fringe online forum built on unsubstantiated claims and flagged as a threat by the FBI is seeking a foothold in the U.S. political mainstream.