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U.S. to Buy Stakes in Banks to Help Free Credit

Oct. 10, 2008
The Treasury secretary, Henry M. Paulson Jr., said the government would move ahead with a plan to take stakes in financial institutions as it tries to restore confidence.
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Paulson cool to auto company help

Paulson cool to auto company help

WASHINGTON, Nov. 18 (UPI) -- U.S. Treasury Secretary Henry Paulson urged Congress to modify already-passed legislation to help the auto companies rather than expect him to buy stock.
Paulson says recovery will take time

Paulson says recovery will take time

WASHINGTON, Nov. 18 (UPI) -- U.S. Treasury Secretary Henry Paulson Jr. told members of Congress Tuesday to look beyond Wall Street to find the effects of the financial bailout.
Kanjorski compares Paulson to Hoover

Kanjorski compares Paulson to Hoover

WASHINGTON, Nov. 18 (UPI) -- U.S. Rep. Paul Kanjorski, D-Pa., told Treasury Secretary Henry Paulson there is a "crisis of confidence" across the United States that demands action.
Frank to Paulson: Help homeowners

Frank to Paulson: Help homeowners

WASHINGTON, Nov. 18 (UPI) -- U.S. Rep. Barney Frank, D-Mass., Tuesday took U.S. Treasury Secretary Henry Paulson to task for the government's failure to buy up problem mortgages.
Feds buying into nine banks, Paulson says

Feds buying into nine banks, Paulson says

WASHINGTON, Oct. 14 (UPI) -- U.S. Treasury Secretary Henry Paulson said Tuesday the department would buy stakes in nine banks to help restore confidence in the financial system.

Bailout won't bail out all, Paulson says

WASHINGTON, Oct. 8 (UPI) -- The $700 billion U.S. financial bailout plan won't save every financial institution, U.S. Treasury Secretary Henry Paulson said Wednesday.
Treasury secretary says he'll act quickly

Treasury secretary says he'll act quickly

WASHINGTON, Oct. 3 (UPI) -- U.S. Treasury Secretary Henry Paulson said he will work quickly but deliberately to implement the authorities he has under the financial markets rescue plan.

Bailout churns up skepticism

WASHINGTON, Sept. 23 (UPI) -- Voices of skepticism are growing louder over a U.S. Treasury plan to buy $700 billion worth of risky securities from financial firms, various sources said.

Paulson plugs mortgage support bill

NEW YORK, July 22 (UPI) -- U.S. Treasury Secretary Henry Paulson Jr. is pushing for increased regulation and support of the nation's government sponsored mortgage brokers.
Treasury focus is homeowners, Paulson says

Treasury focus is homeowners, Paulson says

WASHINGTON, Feb. 28 (UPI) -- U.S. Treasury Secretary Henry Paulson said the Treasury would focus on solutions to the home mortgage crisis to help borrowers.
IRS has $11.4B of Treasury's $12.5B budget

IRS has $11.4B of Treasury's $12.5B budget

WASHINGTON, Feb. 4 (UPI) -- The U.S. Treasury Department budget allocation reflects its views on economic growth, national security and fiscal discipline, the department said.

U.S. Treasury scraps credit fund

WASHINGTON, Dec. 22 (UPI) -- U.S. banks and Treasury Department officials have scrapped a plan to create a $100 billion fund to stabilize the short-term credit market.

U.S. Treasury secretary in China 

BEIJING, July 29 (UPI) -- U.S. Treasury Secretary Henry Paulson arrived in China Sunday for four days of discussions on economics and the environment.

Paulson sworn in as Treasury secretary

WASHINGTON, July 10 (UPI) -- Henry Paulson was sworn in Monday as the 74th secretary of the U.S. Treasury.

Senate confirms Paulson for Treasury post

WASHINGTON, June 28 (UPI) -- The U.S. Senate has confirmed former Goldman Sachs Chief Executive Officer Henry Paulson as the 74th U.S. secretary of the treasury.
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Lori Anne Madison, 6, competes in Scripps National Spelling Bee
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Lori Anne Madison, 6, of Woodbridge, Virginia, spells out the letters in her word as she competes during the opening round of the Scripps National Spelling Bee, May 30, 2012, in National Harbor, Maryland. Madison, the youngest known qualifier in the history of the contest, correctly spelled the word "dirigible*", a lighter-than-air aircraft, to advance. UPI/Mike Theiler