Henry Paulson

Paulson says Obama will decide on rescue spending 5:30pm EST

WASHINGTON (Reuters) - The architect of the Bush administration's effort to stabilize the troubled U.S. financial system said on Wednesday President-elect Barack Obama will make the decisions on how to spend the remaining half of a $700 billion bank bailout program.  Full Article

 
UPDATE 1-U.S. bank group says worried that Treasury overspent 3:35pm EST

WASHINGTON, Jan 7 (Reuters) - A top bank industry group said on Wednesday it is concerned that the U.S. Treasury Department has overspent available rescue money, leaving the capital injection program for the nation's banks underfunded.  Full Article

 
U.S. bank group says worried that Treasury overspent 3:18pm EST

WASHINGTON (Reuters) - A top bank industry group said on Wednesday it is concerned that the U.S. Treasury Department has overspent available rescue money, leaving the capital injection program for the nation's banks underfunded.  Full Article

 
US bank group says worried that Treasury overspent 2:30pm EST

WASHINGTON, Jan 7 (Reuters) - A top bank industry group said on Wednesday it is concerned that the U.S. Treasury Department has overspent available rescue money, leaving the capital injection program for the nation's banks underfunded.  Full Article

 
Paulson eyes GSEs as utility-like mortgage insurers 1:58pm EST

WASHINGTON (Reuters) - Treasury Secretary Henry Paulson on Wednesday said the Obama administration should consider converting mortgage finance giants Fannie Mae and Freddie Mac into "public utility-like" mortgage guarantors.  Full Article

 
Obama takeover augurs financial regulator shakeup Monday, 5 Jan 2009 08:30am EST

WASHINGTON (Reuters) - President-elect Barack Obama and Democrats in Congress will take over the government this month with big plans to overhaul U.S. financial regulation and a surge of momentum behind them.  Full Article

 
Obama takeover augurs financial regulator shakeup Sunday, 4 Jan 2009 02:55pm EST

WASHINGTON (Reuters) - President-elect Barack Obama and Democrats in Congress will take over the government this month with big plans to overhaul U.S. financial regulation and a surge of momentum behind them.  Full Article

 
Key players in reshaping U.S. financial regulation Sunday, 4 Jan 2009 02:43pm EST

WASHINGTON (Reuters) - The cast of characters who will tackle the overhaul of America's financial regulation system ranges from the nation's first black president to the Securities and Exchange Commission's first female chair.  Full Article

 
More economic pain seen in 2009, but some hope too Wednesday, 31 Dec 2008 04:27pm EST

SINGAPORE/NEW YORK (Reuters) - Many investors said good riddance on Wednesday to one of the worst years on record and prayed that government rescue plans will pull the global economy out of its fierce tailspin later in the new year.  Full Article   |  Video

 
SNAPSHOT - Financial Crisis - 2015 GMT Wednesday, 31 Dec 2008 03:18pm EST

- U.S. jobless claims drop by more than expected; seasonal factors seen influencing decline  Full Article