Congressional Digest

Congressional Digest February 2009 No. 2 Vol. 88
Honorable Barney Frank

Saving the Big Three

Federal Help for the Car Companies

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Honorable Barney Frank

United States Representative, Massachusetts, Democrat

Representative Frank, of the Fourth District of Massachusetts, was first elected to the U.S. House of Representatives in 1980. He served in the Massachusetts House of Representatives from 1972 to 1980. He is Chair of the Financial Services Committee. The following is from the December 10, 2008, House floor debate on H.R. 7321, the Auto Industry Financing and Restructuring Act. We consider this bill in a context framed by the report last Friday of a massive loss of jobs in the American economy. This economy is in the worst shape that it has been in since the Great Depression. We…

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