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Obama Ties Automaker Rescue to Regulation
News Type: Event — Seeded on Sat Nov 15, 2008 2:12 PM EST
Article Source: The Washington Postadvertisement
Top advisers to President-elect Barack Obama are helping to draft an auto industry rescue plan that would bring new government oversight, including the possibility of an auto czar who could ensure the money was being used wisely.
Aides said Obama is also open to an oversight board that would perform the same function as one individual. The proposals come as the estimates of the cost to fix Detroit's three largest automakers continue to mount.
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- Regions: Washington DC
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| Chances Dwindle on Bailout Plan for Automakers | The New York Times | Sat Nov 15 | 1 |
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