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Paulson: No timetable on TARP funds

Paulson: No timetable on TARP funds

WASHINGTON, Nov. 25 (UPI) -- U.S. Treasury Secretary Henry Paulson said there's no timetable for asking Congress for access to the rest of the $700 billion emergency bailout package.
Paulson: No magic bullet for the economy

Paulson: No magic bullet for the economy

WASHINGTON, Nov. 25 (UPI) -- U.S. Treasury Secretary Henry Paulson said there's no magic bullet to fix the economy and it is naive to assume one piece of legislation could do so.

Bush hails Citigroup bailout

WASHINGTON, Nov. 24 (UPI) -- U.S. President George Bush Monday hailed the decision to shore up Citigroup as a "first step toward economic recovery."
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 accused of 'bait-and-switch'

Paulson accused of 'bait-and-switch'

WASHINGTON, Nov. 18 (UPI) -- U.S. Rep. Gary Ackerman, D-N.Y., accused Treasury Secretary Henry Paulson of a "bait-and-switch scheme" by changing plans for stabilizing the economy.
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.

FDIC has plan of its own for homeowners

WASHINGTON, Nov. 14 (UPI) -- The Federal Deposit Insurance Corp. has come up with a $24.4 billion plan of its own for helping as many as 1.5 million distressed U.S. homeowners.
Paulson: Bailout not for auto industry

Paulson: Bailout not for auto industry

WASHINGTON, Nov. 12 (UPI) -- The bailout package is for the financial industry, not the U.S. auto industry, despite its importance to the economy, Treasury Secretary Henry Paulson said.

Bailout shifts from buying to investing

WASHINGTON, Nov. 12 (UPI) -- The federal government backed off a plan to buy toxic mortgages, U.S. Treasury Secretary Henry Paulson said Wednesday, favoring a program of investment.

Dems urge U.S. aid for carmakers

WASHINGTON, Nov. 8 (UPI) -- House Speaker Nancy Pelosi, D-Calif., and Senate Majority Leader Harry Reid, D-Nev., say the auto industry should get help under the U.S. economic rescue plan.
Automakers too big to fail, governors say

Automakers too big to fail, governors say

DETROIT, Nov. 3 (UPI) -- The too-big-to-fail yardstick -- applied to the country's financial firms in recent months -- is being used to measure U.S. automakers, observers said.

Paulson panned in opinion poll

NEW YORK, Oct. 22 (UPI) -- U.S. Treasury Secretary Henry Paulson Jr. came up short in an opinion poll, with a majority of respondents indicating disapproval of his job performance.
Paulson outlines equity purchase program

Paulson outlines equity purchase program

WASHINGTON, Oct. 20 (UPI) -- U.S. Treasury Secretary Henry Paulson Jr. emphasized Monday the $250 billion bank equity purchase program would not cost taxpayers.
CEO pay now in former CEO's hands

CEO pay now in former CEO's hands

WASHINGTON, Oct. 20 (UPI) -- Executive pay limits mandated by the $700 billion financial bailout bill may not have any teeth to them, a Democratic congressman warned.
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.
Paulson: Poor affected by crisis need aid

Paulson: Poor affected by crisis need aid

WASHINGTON, Oct. 12 (UPI) -- Global financial institutions must be ready to mitigate the impact of financial crisis on the world's poor, U.S. Treasury Secretary Henry Paulson said Sunday.

Bush: 'Confident' G7 will unite on crisis

WASHINGTON, Oct. 11 (UPI) -- U.S. President George Bush says he's "confident" the Group of Seven nations will be able to act together to defuse the global economic crisis.

Departments work to assure student loans

WASHINGTON, Oct. 10 (UPI) -- The Bush administration is working to ensure the student loan market is viable during the U.S. financial crisis, the Treasury and Education departments said.

Bush, Paulson to hold two bailout meetings

WASHINGTON, Oct. 9 (UPI) -- U.S. Treasury Secretary Henry Paulson and financial ministers will discuss coordinating an answer to the global financial crisis, the White House said.

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.

Feinstein: McCain interfered with talks

WASHINGTON, Oct. 5 (UPI) -- Supporters for the two major presidential nominees Sunday fought over the role their candidate played in passing the financial industry bailout bill.

Paulson lays bailout implementation plans

WASHINGTON, Oct. 4 (UPI) -- U.S. Treasury Secretary Henry Paulson is considering who to hire to lead the implementation of a $700 billion financial industry bailout plan, sources said.
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.
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