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White House Auto Bailout Comes With Caveats

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White House Auto Bailout Comes With Caveats

Economy

White House Auto Bailout Comes With Caveats

White House Auto Bailout Comes With Caveats

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  • <iframe src="https://www.npr.org/player/embed/98593507/98593503" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
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What kind of strings are attached to the emergency White House loan for automakers Chrysler and General Motors?

Plus, can the Obama team keep its stimulus plan under $1 trillion?

And what does a big interest rate cut from the Fed mean for consumer loans?

For answers, Farai Chideya talks with author and economist Dr. Julianne Malveaux. Malveaux is also president of Bennett College.