Stabilizing the Financial Condition of the American Automobile Industry

Wednesday, November 19, 2008, 10:00 a.m., 2128 Rayburn House Office Building
Full Committee

 House Financial Services Committee to Hold Hearing on Extending TARP to the Auto Industry

Chairman Frank to convene legislative hearing on November 19th

Washington, DC—House Financial Services Committee Chairman Barney Frank today announced a legislative hearing on extending the Department of Treasury’s Troubled Asset Relief Program (TARP) to the U.S. auto industry.  The bill, which is still being drafted, will extend the recently passed TARP program to help the financial stability of the American car industry.

Witness List & Prepared Testimony:

Panel 1

• Members of Congress

Panel 2

• Mr. G. Richard Wagoner, Jr., Chairman and Chief Executive Officer, General Motors Corporation
• Mr. Robert Nardelli, Chief Executive Officer, Chrysler, LLC.
• Mr. Alan Mulally, President and Chief Executive Officer, Ford Motor Company
• Mr. Ron Gettelfinger, President, United Auto Workers 

Panel 3

• Mrs. Annette Sykora, Chairman, National Automobile Dealers Association
• Mr. James S. McElya, Chairman and Chief Executive Officer, Cooper-Standard Automotive, Inc.
• Professor Jeffrey D. Sachs, Director, The Earth Institute; Quetelet Professor of Sustainable Development and Professor of Health Policy and Management, Columbia University
• Dr. Matthew J. Slaughter, Professor of International Economics, Tuck School of Business, Dartmouth College
  

Available Member Statements: Congressman Castle, Congresswoman Brown-Waite, Congressman LaTourette, Congressman Pascrell

Printed Hearing:
The printed version of this hearing will be posted as soon as it is available.

Related Documents: Ben Stein, Robert Fianco