White House May Tap TARP to Bailout Auto Industry

Hosted by

Republicans in the Senate killed the Big Three bailout last night. Now the Bush White House may be ready to do what it has said it would not -- help Ford, Chrysler and General Motors with some of the $700 billion originally appropriated for Wall Street. Today, Senator Chris Dodd of Connecticut stressed that the urgency in acting was not a matter of weeks but hours. Sudeep Reddy covers the White House for the Wall Street Journal.




Warren Olney