Tag Archives: congressional-approval


Obama drops “car czar” idea

February 16, 2009 : Permalink

Reuters  – President Barack Obama has decided to launch a government task force for restructuring the struggling U.S. auto industry instead of naming a "car czar" with sweeping powers, a senior administration official said on Sunday. Obama is appointing Treasury […]

Bush says auto bailout not ready

December 15, 2008 : Permalink

Reuters – President George W. Bush said on Monday an announcement on a auto industry rescue was not imminent, leaving the industry’s fate clouded in uncertainty for a little longer. "We’re not quite ready to announce that yet," Bush told […]

Obama Addresses Economy, Will Confront Problems “Head-On”

November 7, 2008 : Permalink

New York (HedgeCo.Net) – In his first press conference since winning the presidential election, Barack Obama discussed ways to tackle the economic crisis while describing the “enormity of the task that lies ahead.” In the wake of what looks to […]