In the News

Upgrades to Metro

Jun 12 2009

Senator Warner announced today that the Federal Transit Administration (FTA) will provide a $17.7 million grant from the economic stimulus package for upgrades to the Washington Metropolitan Area Transit Authority (WMATA).
Senator Warner appeared on Bloomberg Television on June 4, to discuss how before the government begins accepting repayments from financial institutions that have received TARP funds, Senator Warner said that he want to make sure the taxpayers, who are in effect investors in these companies, receive the best deal for their dollar.
During the confirmation hearing for Assistant Treasury Secretary Herbert M. Allison, who has been nominated to serve as the TARP Administrator with the Department of Treasury, Senator Warner continued to urge the administration to provide more transparency and accountability of taxpayer funds used to bailout struggling banks.