Paulson welcomes banks' steps on subprime debt
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ORLANDO, Florida  - U.S. Treasury Secretary Henry Paulson said on Monday that moves by some banks, including Citigroup , 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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Treasury Secretary Henry M. Paulson acknowledged the United States is experiencing a âsignificantâ housing market downturn but the economy should avoid recession.
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The U.S. economy will be penalized by  the current crisis in credit markets but the overall outlook  was still benign, U.S. Treasury Secretary Henry Paulson said in  a newspaper interview published on Thursday.
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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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The Senate passed legislation yesterday that would make Federal Housing Administration loans available to subprime borrowers facing foreclosure.
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U.S. Treasury Secretary Henry Paulson expressed confidence Wednesday in the global economy, calling it strong and characterized by low inflation.
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The United States is strongly  committed to a strong U.S. dollar and financial markets there  are recovering from the subprime crisis, some quicker than  others, U.S. Treasury Secretary Henry Paulson said on Tuesday.
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U.S. Treasury Secretary Henry Paulson said on Thursday he is open to temporarily expanding Fannie Mae's  and Freddie Mac's  investments into 'jumbo' mortgages to ease housing stress, but only with stronger oversight.
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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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Treasury Secretary Henry Paulson  said on Friday that recent financial market volatility does not  necessarily reflect strong fundamentals in the U.S. economy,  nor those of the developing Chinese economy.
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WASHINGTON -- Treasury Secretary Henry Paulson said Wednesday that the turbulence that has hit financial markets will take some time to be resolved, especially in the area of subprime mortgages.
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Treasury Secretary Henry Paulson on  Friday said that it will take time to work through the problems  contributing to current financial market turmoil but expressed  confidence U.S. growth will not be derailed.
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U.S. Treasury Secretary Henry Paulson on Sunday said he feels good about the U.S. economy and does not see the country slipping into recession.
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The Fed unveils guidance for lenders that asks them to work with borrowers to avoid defaults.
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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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Henry M. Paulson took over Monday as the nation&#039;s 74th Treasury secretary, pledging to make sure the country does not retreat from the global economy.
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US Treasury Secretary Henry Paulson stresses that mortgage lenders should shoulder the blame for the credit crisis.