I think we could work something out that is considerably more favorable to the people that are going to have to feel this pain.
Steve Cohen
The Public Record
Steve Cohen is a member of the United States House of Representatives, representing Tennessee's 9th congressional district since 2007. A member of the Democratic Party, Cohen has been involved in various legislative efforts and has served on multiple committees during his tenure. He is known for his advocacy on issues such as civil rights, healthcare, and education. Cohen has also been vocal on matters concerning the executive branch and its impact on local communities.
I think that is probably a pretty good idea at this point. We should take advantage of our witnesses.
This act, in stripping away the rights of secured creditors, is antithetical to good investing.
This bill has widespread bipartisan support, as there are currently over 250 House cosponsors.
I have got to ask the question, Why? Because their management, unlike their companies' founders, didn't rely on private enterprise and the time-tested American remedy for corporate failure, that being bankruptcy and reorganization.
In America today, remarkable inspiring things still take place, but sadly, they are not taking place through the auto task force or the bankruptcies of General Motors and Chrysler.
There are two things Congress can do: Force GM to negotiate fairly or if that doesn't work, it can attain final enactment of the Automobile Dealers Economic Rights Restoration Act of 2009 which by statute will preserve dealers' rights.