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The US dollar rebound continued on Friday as the White House announced a $17.4 billion bailout for GM and Chrysler. The move will leave the firms with $13.4 billion to be paid out in December and January, while the last $4 billion must be approved by Congress since it would come as part of the second installment of TARP. While official steps haven’t been made to release the additional $350 billion, Treasury Secretary Henry Paulson urged Congress to do so on Friday afternoon. A description of the plan shows that GM and Chrysler must use the money to become financially viable, and if they end up near bankruptcy later on, additional taxpayer financing will not be provided.