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House Oversight Subcommittee to Examine Treasury's Role in Delphi Deal from 2009 'Detroit Bailout'
Committee on Oversight and Government Reform, U.S. House of Representatives
Sept. 5, 2013
"House Oversight and Government Reform Subcommittee on Government Operations Chairman John Mica, R.-Fla.... announced a hearing [on Wednesday, September 11] to examine a new inspector general report on the Treasury Department's role in a controversial component of the Obama Administration's 'Detroit bailout.'... Despite assurances that Treasury, as well as the Presidential Task Force on the Auto Industry (Auto Team) was not supposed to be involved in day-to-day decision-making at GM, the Special Inspector General for the Troubled Asset Relief Program found in a recent report that the Treasury Department played key roles in decisions at GM, including in the controversial Delphi deal."
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