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Did Treasury Department Target Conservative-Owned GM Dealers In 2009 Auto Bailout?

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Unread 05.17.13, 03:09 PM
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Did Treasury Department Target Conservative-Owned GM Dealers In 2009 Auto Bailout?

05.17.13 02:32 PM

Two Republican Congressmen are inquiring whether the U.S. Treasury Department went after auto dealerships owned by conservatives after the Federal government, in 2009, became majority owner of General Motors as part of a $50 billion Congressional bailout.

Mike Kelley (R-Pa.) and Jim Renacci (R-Ohio) released a letter they sent to Treasury Secretary Jack Lew Thursday, asking that he release information pertaining to the methods used by the Automotive Task Force as it selected which GM dealerships would be shut down in an effort to streamline the bankrupt company’s operations.

Renacci himself was one of the car dealers to get the ax; a Pennsylvania dealership owned by Kelley’s father also didn’t survive.

“As member s of Congress who each went through the dealership closing process in our private capacities, we have concerns regarding the criteria used by both General Motors and Chrysler in the automakers’ dealership wind-down,” the letter to Secretary Lew states. “More importantly, we are interested in determining the role that your department played and the input it provided in drafting this methodology.”

The Congressmen are requesting “all emails, phone records, notes, memoranda, reports and other communications regarding the decision-making process,” as well as the identities of those involved in that process.

H/T: Breitbart*




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