7-2-10: Great news – Field Hearing in OH on Delphi Pensions

WILSON AND RYAN RELEASE DETAILS OF UPCOMING CONGRESSIONAL FIELD HEARING TO EXAMINE DELPHI PENSION ISSUES


 (WASHINGTON, D.C.) – Congressmen Charlie Wilson (OH-6) and Tim Ryan (OH-17) today announced the House Financial Services Oversight and Investigations Subcommittee, chaired by Dennis Moore (KS-3), will hold a field hearing entitled “After the Financial Crisis: Ongoing Challenges Facing Delphi Retirees”.  Witnesses will be by invitation only.

 Tuesday, July 13, 2010,  9:00 a.m. ET 

Canfield High School Auditorium, 100 Cardinal Drive, Canfield, OH 44406

 Click here for full press release

Note to DSRA members: If you are close enough to consider attending this event as an audience member, please check with your local/state DSRA Point of Contact for arrangements.

4-15-10: Brown, Ryan propose TARP subsidy for Delphi Pensions

An important article today in the Business Journal Daily, Youngstown, Ohio.

Brown, Ryan Propose TARP Funds to Subsidize Pensions of Delphi Retirees

WASHINGTON -- U.S. Sen. Sherrod Brown, D-Ohio, and U.S. Rep. Tim Ryan, D-17, Ohio, are calling on the Obama administration to use funds from the Troubled Asset Relief Program, or TARP, to protect the pensions of short-changed auto-industry retirees. ~~~~~

Click here to read this important article in full

6-24-10: Sen Wicker legislation re: Delphi Pensions

Wicker Introduces Legislation to Investigate Delphi Pension Treatment

U.S. Government’s Meddling in General Motors Business Decisions Must Come to Light

WASHINGTON—Today, Senator Roger Wicker (R-Miss.) introduced legislation to require the Government Accountability Office (GAO) to conduct a non-partisan, independent analysis of the propriety of federal financial assistance provided to the General Motors Corporation and its treatment of certain Delphi retirees.

Click here for Sen. Wicker's full press release.

3-31-10: BREAKING NEWS: Congressional Groups Lose Patience, Demand Withheld Information

Two powerful Congressional groups have stepped up pressure on the Federal Government and The New General Motors to provide information that has been requested numerous times and ignored as many times.

John Kline (R-MN-2), the senior Republican member on the Committee of Education and Labor, was joined by Tom Price (R-GA-6) another committee member in requesting George Miller, the chairman of the committee, to subpoena all relevant documents related to the disparate treatment of Delphi Corporation retirees' pension benefits by the current Administration.

In a second action, Rep. Dan Burton (R-IN-05) and other GOP members of the House Committee on Oversight and Government Reform, released a letter written to Ed Whitacre, Jr., Chairman of General Motors, seeking "all records and communications between General Motors, and the Federal Government regarding GM's decision to discriminate against non-union workers while spending billions on union pensions."

Delphi Salaried Retiree Association Interim Chairman Den Black commented this evening that, "I'm delighted that the patience of many members of Congress is wearing thin regarding the stonewalling by GM and our government.  From the beginning, our only goal has been to be treated fairly and equitably.  It is our belief that the US government is constitutionally required to treat all citizens with equal protection.  Therefore when the government chooses to enter an industrial bankruptcy, it cannot choose winners and losers."  

Click the links below for the letter to GM Chairman Whitacre and a news release from Rep. Burton's office, and the letter to the Chairman of the Committee on Education and Labor from Kline and Price.

Rep Burton Oversight Committee Release
Reps Kline & Price Education & Labor Committee Letter
All Congressional Support Letters