I thank Chairman Baucus and his staff for working with us on what I believe are significant improvements to the original amendment Senator Grassley and I offered. This amendment has been cleared by both sides with a modification. This amendment, as modified, would simply require recipients of TARP funding to meet strict hiring standards to ensure nondisplacement of U.S. workers. I thank Senator Grassley for working with me on this amendment.
Discussing an amendment related to TARP funding and hiring standards.
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