Paulson says subprime woes will take longer to fix
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Treasury Secretary Henry Paulson said on Wednesday a recovery in the subprime mortgage market will be slowed by a wave of interest rate resets and urged lenders to help troubled borrowers.
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Problems in the U.S. subprime  mortgage market are unlikely to push the U.S. economy into a  recession over the next 12 months, the top economist for a  leading U.S. business group said on Tuesday.
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With more than $1 trillion in subprime mortgages still outstanding, some fear the financial sector's troubles have only just begun
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The Fed Chairman struck a familiar chord but showed some concern that subprime woes may spill into the broader economy.
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A new plan by six major lenders to delay home foreclosures for some borrowers won't be any more effective than a government-brokered temporary rate freeze program rolled out several weeks ago, a top U.S. banking regulator said on Wednesday.
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Want government help to get out of a bad subprime mortgage? Don't look for Congress to come to your rescue anytime soon.
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ORLANDO, Florida  - Treasury Secretary Henry Paulson said on Monday that moves by some big banks to bring off-balance sheet investments tied to subprime mortgages back onto their books would help ward off a widespread credit crunch.
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Troubles in mortgageland may get  worse before they get better, especially for the so-called  &quot;subprime&quot; borrowers whose spotty credit histories put them  into more costly loans.
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Goldman Sachs Group Inc.  Chief Financial Officer David Viniar predicted that the U.S. subprime mortgage market, which has suffered rising defaults and generated losses for lenders over the past year, will get worse before it gets better.
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WASHINGTON -- Treasury Secretary Henry Paulson said Thursday that China is moving too slowly to overhaul its currency system and to crack down on copyright piracy, two factors that American businesses blame for the soaring trade deficit with China.
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U.S. Treasury Secretary Henry Paulson said on Tuesday a decline in U.S. housing activity has caused some damage in subprime mortgage markets but was not hurting the overall economy.
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U.S. Treasury Secretary Henry Paulson  said on Tuesday that a weakened housing market will not have a  major impact on the U.S. financial sector, which he described  as quite healthy.
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Think subprime is bad? You ain't seen nothing yet.
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U.S. Treasury Secretary Henry Paulson   on Monday played down hopes for "quick fixes" in the drive to   persuade China to let its currency rise, damping market   speculation about swifter Asian currency appreciation.
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The current turmoil on financial markets will persist for a while longer but the overall global economy remains healthy, US Treasury Secretary Henry Paulson said here Monday.
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WASHINGTON - Shifting course, Treasury Secretary Henry Paulson planned to tell Congress that the Bush administration would consider allowing the big mortgage companies Fannie Mae and Freddie Mac to temporarily buy, bundle, and sell as securities loans exceeding $417,000.
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U.S. Treasury Secretary Henry Paulson conceded on Friday that chances were slim for agreeing on a way to reform Social Security financing but said he would keep trying to find bipartisan support for it.