Paulson: Loan woes won't end soon
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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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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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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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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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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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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 use a speech Monday to defend the Bush Administration's plan to "freeze" mortgage rates for some subprime borrowers and also to call on Congress to pass legislation to head off a housing crisis.
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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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Since becoming Treasury secretary last summer, Henry M. Paulson Jr. has pleaded for patience on the issue of China's currency. Using the high-level contacts he made as chairman of the global investment bank Goldman Sachs, he sought ways to get Chinese leaders to move.
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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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It is doubtful there is enough time for Sweden to revote before the deadline of Sept. 2.
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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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Like introductory credit card rates and superior customer service, some promises just aren&#39;t built to last. And so it is that Bank of America - mere months after its pledge to preserve
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XIANGHE, China  - U.S. Treasury Secretary Henry Paulson came away from two days of talks on Thursday convinced that China sees the need for a stronger yuan and with a promise that Beijing will open its financial markets a bit wider.
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Many members of the Bank of Japan policy board agreed in early July that there was uncertainty in the outlook for adjustments in the American housing markets because of subprime mortgage problems, minutes of the central bankâs meeting of July 11-12 showed. Some members said it was not highly likely that the subprime loan problems would severely affect credit markets, the minutes showed, but if that were to happen, there was a âpossibility that global financial and economic conditions could be badly affected.â The nine-member board agreed by an 8-1 vote to keep the overnight call rate target at 0.50 percent. The policy makers maintained the view that the United States economy would probably achieve a soft landing toward the end of the year.
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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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Treasury Secretary Henry Paulson said on Monday the Bush administration was considering how to give the economy a boost as it weathers a housing correction, but does not want to rush.