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U.S. Department of the Treasury

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Top U.S. Department of the Treasury Articles see all

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  • Good luck to Congress on Wall St pay cut

    by Frank James There was much at today's Senate Banking Committee hearing on the Treasury Department's proposed $700 billion bailout of Wall Street about executive compensation. Even Treasury Secretary Henry Paulson Jr., who himself made a fortune on Wall Stre
  • Paulson on bailout: Trust but verify

    by James Oliphant The Senate Banking Committee and the government's top economic experts are getting into the weeds of the Paulson plan. But there is one overarching theme emerging: Let Treasury handle it. Treasury Secretary Henry Paulson has repeatedly...

    Bush: 'Urgent' economic action coming

    by Mark Silva "The whole word is watching,'' President Bush said this week of the economic intervention that his administration is urging Congress to take. And today, at the United Nations General Assembly, the president told the whole world that...

    Storm clouds brewing for bailout plan?

    by James Oliphant It's still too early to tell, but is bipartisan support for the Paulson Plan eroding? Tuesday's Senate Banking Committee hearing kicked off with strong words from the ranking Republican on the panel, Sen. Richard Shelby of Alabama....

    Paulson: 'Immediate' bailout essential

    by Mark Silva Citing a "chain reaction'' of bad mortgage loans that have led to an impending federal bailout of the nation's financial institutions, Treasury Secretary Henry Paulson today will call on the Senate Banking Committee "to stabilize our...