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WEDNESDAY, NOVEMBER 25, 2009
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7

Obama's Car Czar Steps Down

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(Newser) – The man tabbed by President Obama to see General Motors and Chrysler through bankruptcy is leaving the post, the New York Times reports. Though Steven Rattner’s former investment firm is under investigation, it’s unclear if that affected his decision. Treasury Secretary Tim Geithner said today that, with both auto giants emerging from bankruptcy, Rattner is leaving to spend more time with family. He’ll be replaced by Ron Bloom, a top member of the advisory group.

Members of President Obama's auto task force, including task force leader Steve Rattner, right, leave a news conference about Chrysler's bankruptcy at the White House, April 30, 2009.
Members of President Obama's auto task force, including task force leader Steve Rattner, right, leave a news conference about Chrysler's bankruptcy at the White House, April 30, 2009.   (Getty Images)
Ron Bloom, senior adviser on the auto industry at the Treasury Department, will take over from Rattner.
Ron Bloom, senior adviser on the auto industry at the Treasury Department, will take over from Rattner.   (AP Photo)
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7 comments
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DeniseVB
Jul 13, 09 7:58 PM CDT
uh, huh...the ole' spend more time with the family routine. So sad. Reply
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+1
doingtherightthing
Jul 13, 09 8:53 PM CDT
he's getting out while he still has time to get out....sounds like someone has something on him....another tax dodger maybe.......this sounds as though Obama told him your outta here dude....... Reply
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+2
Karl
Jul 13, 09 9:48 PM CDT
Another political whore. Reply
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+1
godawgs
Jul 13, 09 11:09 PM CDT
Look who is coming into to run this post now, a former high ranking memeber of the UAW. I like how that was left out of the summary, and is just a member of the advisory group. No more special intrest's running washington huh? Reply
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+3
prowlerzee
Jul 13, 09 11:54 PM CDT
What the hell is a "car czar" anyway? What branch of government? What department? What the hell kind of "czar" next? Reply
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+2

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