Monday, February 16, 2009

Obama Is Said to Drop Plan for ‘Car Czar’ to Fix Detroit - NYTimes.com

Mr. Obama is designating the Treasury secretary, Timothy F. Geithner, and the chairman of the National Economic Council, Lawrence H. Summers, to oversee a presidential panel on the auto industry. Mr. Geithner will also supervise the $17.4 billion in loan agreements already in place with G.M. and Chrysler, said the official, who insisted on anonymity.
Obama Is Said to Drop Plan for ‘Car Czar’ to Fix Detroit - NYTimes.com

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