Daily 5 report for Jan. 2: Jimmy Carter’s automotive legacy
Chrysler CEO Lee Iacocca, left, shakes hands with President Jimmy Carter in the Cabinet Room at the White House in January 1980 after Carter signed the Chrysler Corporation Loan Guarantee Act of 1979, providing the ailing automaker with $1.5 billion in funding. U.S. Rep. James Blanchard, D-Mich., center, helped sponsor the bill and later was elected governor of Michigan. (JIMMY CARTER LIBRARY AND MUSEUM and THE NATIONAL ARCHIVES)
