Today, the House Financial Services Committee is holding a legislative hearing on extending the Department of Treasury's Troubled Asset Relief Program (TARP) to the U.S. auto industry. The draft legislation will extend the recently passed TARP program to help the financial stability of the American car industry.

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Witness List & Prepared Testimony:

Panel 1

Members of Congress

Panel 2

Mr. G. Richard Wagoner, Jr., Chairman and Chief Executive Officer, General Motors Corporation

Mr. Robert Nardelli, Chief Executive Officer, Chrysler, LLC.

Mr. Alan Mulally, President and Chief Executive Officer, Ford Motor Company

Mr. Ron Gettelfinger, President, United Auto Workers

Panel 3

Mrs. Annette Sykora, Chairman, National Automobile Dealers Association

Mr. James S. McElya, Chairman and Chief Executive Officer, Cooper-Standard Automotive, Inc.

Professor Jeffrey D. Sachs, Director, The Earth Institute; Quetelet Professor of Sustainable Development and Professor of Health Policy and Management, Columbia University

Dr. Matthew J. Slaughter, Professor of International Economics, Tuck School of Business, Dartmouth College