White House: Obama To Address Nation On GM Monday Morning
May 31 2009 - 6:29PM
Dow Jones News
WASHINGTON (AFP)--President Barack Obama will discuss General
Motors' (GM) expected bankruptcy filing, in remarks planned for
11:55 a.m. (1555 GMT) Monday, the White House announced.
In a statement Sunday, the White House said that Obama would
deliver remarks on the roiling U.S. auto industry after meeting
Monday with his senior advisors.
Obama's comments are to come shortly after the auto giant
officially files bankruptcy paperwork, which U.S. media reported
will likely happen at around 8:00 am (1200 GMT) Monday.
Obama was, later Monday, to meet with his National Economic
Council staff, the White House statement said.