henry paulson

Treasury Secretary Henry Paulson called the financial crisis now plaguing the world economy a "once or twice" in a 100 years event, even as he warned Thursday against imposing too-strict regulations to prevent a repeat calamity.

Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke are defending their management of a $700 billion financial bailout on Capitol Hill Tuesday.

Treasury Secretary Henry Paulson is scheduled to give an update today on the $700 billion bailout program for the U.S. financial system.

Secretary Henry Paulson came up with a plan to pour government money into the Wall Street firms to save them from collapsing - not to fund a bonus pool for the billionaire boys' clubs of the investment banking firms.

It is the economy that is supposed to be bailed out - like the millions of homeowners currently or soon to fac

Michigan lawmakers intend to urge Federal Reserve Chairman Ben Bernanke and Treasury Secretary Henry Paulson to use their regulatory powers to loosen up credit to help finance car loans.

Treasury Secretary Henry Paulson said Tuesday the current financial challenges facing the country will persist for a number of months, but he said the economy will rebound.

Treasury Secretary Henry Paulson says government purchases of stock in banks represent an investment that should eventually make money for taxpayers.

U.S. Treasury Secretary Henry Paulson on Thursday expressed regret, saying a failure of market discipline and the failures of regulation led to the crisis.

Treasury Secretary Henry Paulson on Thursday expressed regret for the many errors made that led to the biggest financial crisis in seven decades, but he insisted the administration is pursuing the correct course now to end the debacle.