barneyfrank

Earlier in the week, U.S. Representative Darrell Issa (R, Calif.) called for an amendment to a financial reform bill that would bar any company at least five percent owned by the government from lobbying Congress. The measure was shot down Thursday in a 9-13 vote by the financial services ...

The conference room where Chrysler and Fiat worked out Fiat's 35% stake in the Pentastar probably still smells like hors d'oeuvres and bottled water, and already a Congressman is thinking about making Chrysler return its $4 billion dollar bridge loan. In fact, Chrysler and Fiat aren't even partners ...

When Congress wants to hand out money, it apparently wants to include everybody. Barney Frank, Chairman of the House Financial Services Committee, is likely to propose a measure that lets automakers tap into the $700 billion vein of rescue dollars that's ostensibly intended for financial ...

Some U.S. policymakers believe that the domestic auto industry needs a multi-billion $hot in the arm, but the sticking point seems to be where to find the funds. Rep. Barney Frank (D-Mass.) is calling for a portion of the financial sector's $700 billion TARP buyout to be apportioned to Detroit, but ...