Political Quotes

Bill Pascrell: TARP 2 also clarifies Treasury's authority to provide support to the financing arms of automakers for financing…

On the recordJanuary 14, 2009
TARP 2 also clarifies Treasury's authority to provide support to the financing arms of automakers for financing activities to ensure that they can continue to provide needed credit, including through dealer and other financing of consumer and business autos and other vehicle loans. This is 20 percent of our retail economy.
Said by
Bill Pascrell
Democratic · New Jersey

Editor's note · Context

Discussing the provisions of TARP 2 related to automaker financing.

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