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Pelosi Backs Special Session for Auto Aid
Pelosi Backs Special Session for Auto Aid
Pelosi plans to push legislation next week to help the ailing auto industry and has tapped Barney Frank to craft a bill that would give auto makers "limited" assistance under TARP.
Pelosi supports new help for ailing US automakers      (AP)
Pelosi supports new help for ailing US automakers (AP)
news.yahoo.com — AP - House Speaker Nancy Pelosi wants Congress to support a financial bailout for the troubled U.S.... auto industry, which is suffering under the weight of poor sales, tight credit and a sputtering economy. (more) Pelosi supports new help for ailing US automakers (AP)
Pelosi, Reid Press for Aid for Autos
online.wsj.com — Pelosi and Reid are expected to send a letter to Bush urging him to assist the Big... Three auto makers by considering broadening the $700 billion TARP to help the troubled industry. (more) Pelosi, Reid Press for Aid for Autos
Pelosi Creates Global Warming Committee
breitbart.com — WASHINGTON (AP) - House Speaker Nancy Pelosi sought to create a special committee Thursday in an effort... to jump-start long-delayed government efforts to deal with global warming and produce a bill by Independence Day. Pelosi, D-Calif., said the ... (more) Pelosi Creates Global Warming Committee
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Democrats Plot Detroit Rescue
The New Editor — The Wall Street Journal's Jonathan Weisman, Greg Hitt, and John D. McKinnon report: Democratic leaders in Congress said Tuesday they will push legislation next week to use the $700 billion Wall Street rescue fund to bail out Detroit auto makers, and President-elect Barack Obama ordered his transition team to look at ways to aid the car industry even before his inauguration.The first political payoff from the Obama Administration? That's what it looks like from here. Why would anyone want to bail out the US auto industry? Let them go ...

Obama Still Pushing for Car Industry Help
The Page by Mark Halperin — ... WSJ: The President-elect has ordered his transition team to look at ways to aid the automobile industry even before his inauguration. Democratic leaders also say they expect to push legislation on using some of the bailout money for auto help sometime next week.       ...

The Morning Report
Real Clear Politics - TIME.com — In the Headlines " Democrats Plot Detroit Rescue " (Jonathan Weisman, Greg Hitt and John McKinnon, Wall Street Journal ) - Democratic leaders in Congress said Tuesday they will push legislation next week to use the $700 billion Wall Street rescue fund to bail out Detroit auto makers, and President-elect Barack Obama ordered his transition team to look at ways to aid the car industry even before his inauguration. " ...

Running on Fumes
Weekly Standard Blog — ... that GM barely has enough in cash reserves to keep the doors open until the end of 2008. And President Bush seems less than eager to dispense billions in taxpayer money to prop up a company at death's door, anyway. Instead, it seems likely that Barack Obama will be forced to bail out the automakers as one of the first acts of his new administration. ...

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Reuters - House of Representatives Speaker Nancy Pelosi sought legislation on Tuesday to bail out failing automakers, saying she was confident an emergency measure would be approved next week.
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The House will convene next week to vote on a plan to provide emergency cash to the nation's battered automobile industry, Speaker Nancy Pelosi said yesterday, but a federal bailout for Detroit faces an uphill battle in the Senate and an uncertain ...
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Pelosi calls for auto rescuePOLITICO.com: Congress 11/11/2008
Pelosi also wants Congress to work directly with the industry to guide its transformation.
Rep Frank: mortgage servicer legislation neededReuters: Politics 11/12/2008
WASHINGTON (Reuters) - The chairman of a key U.S. congressional committee said on Wednesday that legislation is needed to address mortgage servicing companies' failure to modify more distressed mortgages and reduce foreclosures.