Paulson says U.S. mortgage relief plan not a bailout
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KANSAS CITY, Mo  - U.S. Treasury Secretary Henry Paulson, on the second day of a tour seeking to build support for a mortgage relief plan, said on Tuesday it was not a bailout for people who made bad decisions.
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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 loan crisis even if the housing market has yet to touch bottom, U.S. Treasury Secretary Henry Paulson said on Tuesday.
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Don't expect lawmakers and Treasury Secretary Paulson to stave off a downturn, if that's where the economy is headed.
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Treasury Secretary Henry Paulson said on Tuesday that the U.S. economy remains resilient and has healthy long-term fundamentals, but has slowed "materially" in recent weeks and needs a short-term stimulus.
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Treasury Secretary Henry Paulson said on Friday 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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Treasury Secretary Henry Paulson on Wednesday said that problems with U.S. subprime mortgages will take longer to correct than those in other financial markets due to the wave of interest rate resets coming over the next two years.
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U.S. Treasury Secretary Henry Paulson on  Wednesday predicted stable growth for the U.S. economy but he  made no remarks on the yen or financial markets which are  jittery after more than a week of turmoil.
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ESSEN, Germany  - U.S. Treasury Secretary Henry Paulson made clear on Saturday that he thinks any risks posed by lightly regulated hedge funds can be handled through market discipline without adding heavy government regulators.
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Plan to bail out struggling sub-prime mortgage defaulters soothes troubled financial markets.
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U.S. Treasury Secretary Henry Paulson  said on Monday a strong U.S. dollar was in the interest of the  United States and he was not seeking any "quick fixes" on  China's currency situation.
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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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The subprime mortgage debt crisis will have little impact on the U.S. or Asian economies because that loan market is relatively small and would not create a ripple effect, Moody's Investors Service said on Wednesday.
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Regulators need not lift investment caps on Fannie Mae  and Freddie Mac  in order to rescue troubled subprime borrowers, but new loan products could help some avoid foreclosure, Federal Reserve Chairman Ben Bernanke said in a letter released on Wednesday.
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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   has launched a review of disaster planning for the financial   markets, the Financial Times reported on Saturday.
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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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Federal Reserve Chairman Ben Bernanke and Treasury Secretary Hank Paulson both acknowledged problems in the U.S. economy Thursday, but both believe the nation will avoid falling into recession.