Sunday, February 15, 2009

News Alert: Obama Is Said to Replace Plan for 'Car Czar' With a Panel

Breaking News Alert
The New York Times
Sunday, February 15, 2009 -- 9:55 PM ET
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Obama Is Said to Replace Plan for 'Car Czar' With a Panel

The Obama administration has dropped the idea of appointing a
"car czar" to oversee the revamping of General Motors and
Chrysler and will instead put the politically delicate task
in the hands of a presidential panel, a senior administration
official with knowledge of the plan said Sunday night.

President Obama is designating the Treasury secretary,
Timothy F. Geithner, and the chairman of the National
Economic Council, Lawrence H. Summers, to oversee the group.

Read More:
http://www.nytimes.com/?emc=na

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