Newspapers have asked Pelosi for bailout cash

Newspapers have approached House Speaker Nancy Pelosi (D-Calif.) to ask for a bailout for the struggling publications, Pelosi said Wednesday.

"I have newspapers coming to me asking, 'How can we get some of this TARP?'" Pelosi said during an appearance on Comedy Central's "Daily Show with Jon Stewart."

The Speaker has already demonstrated a willingness to use her position to assist troubled media outlets, having written Attorney General Eric Holder to petition for antitrust law exemptions for her hometown San Francisco Chronicle. The Chronicle, which is in financial strain under the weight of heavy debt, is said to be considering partnerships with other local media outlets.

The Wednesday night comments mark the first time, though, Pelosi has acknowledged the possibility of financial support for media companies, mirroring assistance provided to the financial services and automotive industry.

The comments came in the context of a larger discussion of Pelosi's push for more accountability in the way bailout funds have been spent.

"That is a Treasury Department decision, and that's what's in the best interest of the economy, they tell us," she said of the allocation of funds. "We need some answers, you're absolutely right."

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