Corker noted that this is now in the hands of the White House and that after speaking with administration officials and Secretary Paulson, he doesn't think they know what they are going to do.
Senator Sherrod Brown (D-Ohio) added that he is "optimistic" the White House will act quickly. "I don't think the White House wants bankruptcy in one of the Big 3 automakers as part of their legacy, and I know they don't want to leave this for the next President," Brown said.
He noted that he spoke to "one of the President's top advisors" Friday morning who "gave indication of good news coming" but "wasn't specific yet."
Also on the show this morning, in discussing the political scandal surrounding disgraced Illinois Governor Rod Blagojevich (who is charged with seeking financial gain in return for filling Barack Obama's vacant Senate seat), Illinois Attorney General Lisa Madigan said that "Nobody in their right mind would accept an appointment to the U.S. Senate that this governor made."