Banking Committee Chairman Sen. Chris Dodd (D.-Conn.) said he has spent "hours" working with the Bush White House on a plan to offer bridge loans to Detroit automakers during the week, only to see it stymied by the GOP in a procedural vote Thursday night.
Advertisement
"Had there been more leadership on this issue, they would have joined us in a solution," Dodd said of the Bush White House and the unsupportive Senate Republicans.
The Connecticut senator said he was now "hoping that the White House will announce a course of action that will avoid the catastrophe we are all worried about."
Join the conversation as a VIP Member