Paulson Warns Congress to Act on AMT
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Unless Congress acts soon to prevent a special "millionaires" tax from hitting middle-income families, as many as 50 million taxpayers, or 37 percent of the total, will face an unexpected tax increase, a delay in receiving refunds or a delay in having their tax return processed.
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Treasury Secretary Henry Paulson on  Wednesday stood by his view that the U.S. economy will avoid  recession this year and said the Treasury will act quickly to  distribute tax rebate payments.
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Treasury Secretary Henry Paulson will  deliver remarks Tuesday morning on the economy, housing and  credit markets in a scheduled speech before a gathering  sponsored by the U.S. Chamber of Commerce in Washington.
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Treasury Secretary Henry M. Paulson Jr. said yesterday he personally initiated his department's role in a Supreme Court case that could hurt shareholders' efforts to recover losses in securities fraud lawsuits.
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U.S. Treasury Secretary Henry Paulson said on Tuesday trade protectionism was on the rise despite strong global prosperity and warned it was a potentially dangerous trend.
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Expressing impatience with the Securities and Exchange Commission, lawmakers said in a hearing yesterday that they will act to force stronger oversight of the influential credit rating business if the agency doesn&#39;t soon move on its own.
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Treasury Secretary Henry Paulson will deliver remarks Tuesday morning on the economy, housing and credit markets in a scheduled speech before a gathering sponsored by the U.S. Chamber of Commerce in Washington.
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With lawmakers nipping at his heels over U.S. trade deficits, Treasury Secretary Henry Paulson will try to persuade key Asian nations during a visit this week that they must act quickly to help tamp down protectionist pressures.
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U.S. Treasury Secretary Henry Paulson  has launched a review of disaster planning for the financial  markets, the Financial Times reported on Saturday.
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WASHINGTON -- The Bush administration will review the regulations governing US financial markets to make sure they don't harm the country's ability to compete in the global economy, Treasury Secretary Henry Paulson said yesterday.
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US Treasury Secretary Henry Paulson called on China Thursday to push through ambitious reforms of its financial markets a week after heavy losses on the Shanghai bourse roiled global equities.
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WASHINGTON -- The Bush administration is working to combat the country's severe housing crisis but there is no simple solution, Treasury Secretary Henry Paulson said Monday, adding that a correction in the housing market is "inevitable and necessary."
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Wall Street pulled back as investors awaited testimony from the Federal Reserve chairman and Treasury Secretary Henry Paulson before the Senate Banking Committee.
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WASHINGTON - Leaders of the agency responsible for protecting consumers from faulty products said yesterday that Congress should increase their budget and power in the wake of huge recalls of lead-contaminated toys.
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The US needs to rethink its regulation of companies, a group with links to Treasury  Secretary Henry Paulson says.
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Treasury Secretary Henry M. Paulson Jr. said Monday that enacting legislation aimed at punishing China over its economic policies could unsettle markets.
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Treasury Secretary Henry Paulson on Wednesday stood by his view that the U.S. economy will avoid recession this year and said the Treasury will act quickly to distribute tax rebate payments.