treasury secretary henry paulson

The federal government is reviewing applications from hundreds of banks seeking rescue funding and is "actively" developing new programs to right the nation's unsettled financial system, Treasury Secretary Henry Paulson said Monday.

Treasury Secretary Henry Paulson is expected to unveil another plan to boost financial markets. According to reports, Paulson will announce Tuesday that he's setting up a program to boost consumer lending — like auto loans and credit cards.

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US Treasury Secretary Henry Paulson and Federal Reserve chairman Ben Bernanke defend the $700bn bank bail-out plan.

Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke told lawmakers Tuesday that the $700 billion bailout program was making progress despite increasing criticism of it in recent weeks.

Treasury Secretary Henry Paulson said Wednesday the government would broaden the reach of the $700 billion bailout plan to support non-bank financial institutions that provide consumer credit, such as credit cards and auto loans.

A majority of Americans aren't happy with the way Treasury Secretary Henry Paulson is handling his job or with the financial rescue package he and Congress created, according to a poll released Wednesday.

Banks of all sizes are interested in a piece of the federal government's $250 billion fund to recapitalize financial institutions, Treasury Secretary Henry Paulson said Monday.