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September 6, 2008 11:34:25 AM CDT

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Stories related to: Henry Paulson

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  • May 2008

    • Treasury Boss: Worst Is Over

      Wall Street Journal  |  May 7, 08 2:45 AM CDT

      Treasury Boss: Worst Is Over

      (Newser) - The US is emerging from the credit woes triggered by the turmoil over subprime mortgages—despite the continuing wave of foreclosures across the nation, according to Treasury Secretary Henry Paulson. Paulson, in the most positive comments yet from the White House on the nation's economic troubles, in part credited the federal bailout of Bear Stearns, reports the Wall Street Journal. More »

  • April 2008

    • First Tax Rebates Go Out Monday

      Reuters  |  Apr 24, 08 2:51 PM CDT

      First Tax Rebates Go Out Monday

      (Newser) - Treasury is putting its rebate money where its mouth is—ahead of schedule, Reuters reports, with the first wave of checks going out Monday. “We're a little bit ahead of schedule, so we will start right on Monday with direct deposits," Henry Paulson tells Reuters. The Treasury secretary is happy to get cash into Americans’ pockets a little quicker, in order to stave off worsening economic conditions. More »

      Tags

      gas prices  • housing crisis  • Henry Paulson  • economic stimulus  • stimulus package  • tax rebate  • Department of the Treasury

    • Skyrocketing Yuan Hits Benchmark

      New York Times  |  Apr 10, 08 2:34 PM CDT

      Skyrocketing Yuan Hits Benchmark

      (Newser) - For the first time since China unpegged its currency from America’s in 2005, a dollar bought less than 7 yuan at closing today in Beijing, the New York Times reports. Western countries protested for years the yuan was undervalued; its meteoric rise means Chinese goods are getting more expensive in the US—raising inflation fears. More »

      Tags

      Henry Paulson  • US dollar  • weak dollar  • global economy  • Chinese economy  • yuan  • US imports

    • Frank is Dems' Unlikely Lead Economy Dog

      Politico  |  Apr 10, 08 11:37 AM CDT

      Frank is Dems' Unlikely Lead Economy Dog

      (Newser) - Democratic Rep. Barney Frank has become an unlikely power player in Washington’s “new economic trio” with Ben Bernanke and Henry Paulson, writes David Rogers in Politico. His pet plan—a “humongous housing deal” to steady an ailing market—might be a tough sell to the White House, but it’s “moving in our direction,” says the head of the House Financial Services Committee. More »

      Tags

      Congress  • economy  • housing crisis  • Ben Bernanke  • Henry Paulson  • Barney Frank  • House Financial Services Committee

    • 'Tinker Bell Market' Fallout Wallops Taxpayers

      Washington Post  |  Apr 1, 08 12:00 PM CDT

      'Tinker Bell Market' Fallout Wallops Taxpayers

      (Newser) - Although he doesn't foresee long-term catastrophe, Allan Sloan of Fortune sounds an alarm in today's Washington Post, saying he's "more nervous about the world financial system now than I've ever been in my 40 years of covering business and markets." He dissects "the collapse of a Tinker Bell financial market, one that depended heavily on borrowed money that has now vanished like pixie dust." More »

      Tags

      housing crisis  • subprime crisis  • mortgage crisis  • Bear Stearns  • Henry Paulson

    • Small Banks, States Rip Paulson Plan

      Wall Street Journal  |  Apr 1, 08 9:18 AM CDT

      Small Banks, States Rip Paulson Plan

      (Newser) - Small banks, credit unions, states, and assorted politicians wasted no time ripping into the Bush administration’s plans to rework federal regulation of the financial industry, calling it an amateurish attempt by a “bunch of guys from Wall Street,” reports the Wall Street Journal. “It’s because none of those guys ever worked in a regulated, chartered bank," said one lobbyist for small banks. More »

      Tags

      Bush administration  • Henry Paulson  • Treasury Department  • Christopher Dodd  • bank regulation

  • March 2008

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