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	<title>Hedge Fund News From HedgeCo.Net &#187; congressional-approval</title>
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		<title>Obama drops &#8220;car czar&#8221; idea</title>
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		<pubDate>Mon, 16 Feb 2009 00:00:00 +0000</pubDate>
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		<description><![CDATA[Reuters&#160; &#8211; President Barack Obama has decided to launch a government task force for restructuring the struggling U.S. auto industry instead of naming a &#34;car czar&#34; with sweeping powers, a senior administration official said on Sunday. Obama is appointing Treasury Secretary Timothy Geithner as his &#34;designee&#34; for overseeing auto bailout loans and as co-head of [...]]]></description>
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		<title>Bush says auto bailout not ready</title>
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		<pubDate>Mon, 15 Dec 2008 00:00:00 +0000</pubDate>
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		<description><![CDATA[Reuters &#8211; President George W. Bush said on Monday an announcement on a auto industry rescue was not imminent, leaving the industry&#8217;s fate clouded in uncertainty for a little longer. &#34;We&#8217;re not quite ready to announce that yet,&#34; Bush told reporters on Air Force One during a flight from Baghdad on an unannounced visit to [...]]]></description>
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		<title>Obama Addresses Economy, Will Confront Problems &#8220;Head-On&#8221;</title>
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		<pubDate>Fri, 07 Nov 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; In his first press conference since winning the presidential election, Barack Obama discussed ways to tackle the economic crisis while describing the &#8220;enormity of the task that lies ahead.&#8221; In the wake of what looks to be a pending recession, Obama talked about his focus on job production and the extension [...]]]></description>
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