Paulson Defends Plan To Prevent Foreclosures
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ORLANDO, Dec. 17 -- Treasury Secretary Henry M. Paulson Jr. chose this hotbed of the mortgage crisis to begin a three-city tour defending the administration's plan to prevent hundreds of thousands of homeowners from going into foreclosure.
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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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Paul A. Samuelson, the Nobel Prize-winning economist, is dissenting from conventional wisdom on the benefits of globalization.
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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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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.
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Treasury Secretary Henry Paulson on Friday tried to wave off U.S. lawmakers' bid to tighten the screws on China over its currency policy by warning that it could make it harder to settle turbulent markets.
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A senior US lawmaker calls on the Federal Reserve to protect US house buyers against unfair home loans.
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U.S. Treasury Secretary Henry  Paulson repeated on Tuesday that he considered the value of  Japan's yen currency was fairly set and indicated he will make  that point to disgruntled European colleagues this week.
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President Bush today outlined his plan for helping troubled subprime borrowers keep their homes. The initiatives target hundreds of thousands of homeowners. The president said he would not bail out homeowners facing foreclosures or lenders with financial problems.
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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 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. Congresswoman Marcy Kaptur came to a House committee hearing on Thursday prepared to ask U.S. Treasury Secretary Henry Paulson tough questions about his involvement in the subprime mortgage crisis.
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WASHINGTON - Treasury Secretary Henry Paulson yesterday said the turbulence that has hit financial markets will take time to be resolved, especially in the area of subprime mortgages.
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Pressure is mounting on Treasury Secretary Henry M. Paulson Jr. to produce results or face protectionist measures in Congress next year.
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As criticism mounted yesterday over Banknorth Group&#39;s pending deal with a Canadian bank, chief executive William J. Ryan defended his decision to sell a majority
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Looking to help homeowners avoid foreclosure, the Democratic-controlled House wants to insure mortgages and provide affordable housing grants well beyond limits favored by the Bush administration.
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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.