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US Treasury News

News on US Treasury continually updated from thousands of sources around the net.

1 hr ago | Sioux City Journal

US summons banks to meeting on rescue plan

Major stock markets around the world rose for the first time in days Monday as the U.S. said it plans to swiftly implement a broad financial rescue package and Europe put almost $2 trillion on the line to break ...

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Related Topix: US Politics, US News, 2008 Presidential Election, George Bush, Europe, Italy, World News

6 hrs ago | Houston Community Newspapers

For Bush, last 100 days to feature a no letting upa

" So how will it end? President Bush is down to his final 100 days in office as of Sunday.

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Related Topix: George Bush, US News

10 hrs ago | NBC Channel 7/39

Government Moves to Help Businesses, Households

The Federal Reserve and the Treasury Department announced new plans Tuesday to loosen credit markets.

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Related Topix: US News

Sun Oct 12, 2008

The Boston Globe

Obama: U.S. must move quickly on market rescue

U.S. Democratic presidential candidate Barack Obama urged the Treasury Department to move quickly to carry out a rescue plan for financial markets, after U.S. stocks suffered a nearly 700-point decline on ...

1 comment

Related Topix: US Politics, US News, Barack Obama, Personal Finance, Retirement

Idaho Entertainment

Highlights of Paulson statement at World Bank

Highlights of Paulson statement at World Bank Comments Highlights of Treasury Secretary Henry Paulson's statement Sunday to a meeting of the World Bank's development committee, as provided by the Treasury ...

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Related Topix: US News

Messenger

G7 vows urgent action to fight credit crunch

The world's rich nations vowed on Friday to take all necessary steps to unfreeze credit markets and ensure banks can raise money but they offered no collective course of action to avert a deep global recession.

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Sat Oct 11, 2008

AMNY

Federal Reserve orders emergency half-percentage-point rate cut

Emergency interest rate cuts Wednesday by the Federal Reserve and five other central banks left in doubt whether government efforts to cure the financial crisis would show results fast enough to avert fresh ...

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Related Topix: US News, Home, Mortgage, Personal Finance, US Politics, US House of Representatives, Barney Frank, Democrat

Axcessnews.com

Investors balk at Democrats move to socialize banks

Washington - Liberal Democrats, or perhaps the better term would be Socialists, who pushed for allowing the government to own stakes in banks as a provision in the bailout plan saw the market react negatively ...

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Related Topix: US News, George Bush, US Politics, Charles Schumer, US Senate, Democrat, Nancy Pelosi, US House of Representatives, Investment Banking, Financial Services, Goldman Sachs Group, Investment Services

CCTV

G-7 announces plan to fight global financial crisis

Finance officials from the Group of Seven announced here Friday a plan of action to battle the ongoing global financial crisis.

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Related Topix: US News, Banking, Financial Services

HeraldTribune.com

A financial rescue plan, hazy on detail

The United States and six other nations that are among the world's richest agreed on Friday to a coordinated plan to rescue the financial industry, but fell short of offering concrete steps to backstop bank ...

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Fri Oct 10, 2008

Charlotte.com

US to take stake in banks, first since Depression

French Finance Minister Christine Lagarde, left, German Finance Minister Peer Steinbrueck, and U.S. Treasury Secretary Henry Paulson pause during the group photo of the G7 Finance Ministers at the Treasury ...

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Related Topix: US News, Ben Bernanke

The Toronto Star

G7 pledges 'decisive action' on world credit crisis

Bank of Italy Governor Mario Draghi attends the G7 Ministerial meeting at the Treasury Department in Washington, D.C., October 10, 2008.

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Related Topix: US News, Home, Mortgage

National Journal

Is The Government Up To Running The Rescue?

Passage of the Wall Street rescue package is not the beginning of the end of Washington's role in the financial crisis; it is merely the end of the beginning.

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Related Topix: US News, Techno, The New Deal, Home, Mortgage

Reading Eagle/Reading Times

Money-market funds flock to guarantee program

Nearly all the $3.4 trillion in money-market mutual funds is expected to be federally guaranteed for at least the next three months, now that all the major fund providers signed up to participate by a deadline ...

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Related Topix: Mutual Funds, Personal Finance, US News

Thu Oct 09, 2008

Mother Jones

Does Running eBay Qualify You to Oversee the Treasury?

Does John McCain really think Meg Whitman would make a good treasury secretary, or was he just trying to win over a few Hillary voters when he was asked a question on this topic during Tuesday's debate? I ...

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Related Topix: US Politics, US News, 2008 Presidential Election, John McCain, Mitt Romney, Home, Mortgage

NBC24.com

Toledo charity accused of Hamas ties sues Feds

A Toledo charity that the Treasury Department has linked to the militant Islamic group Hamas is demanding that federal officials lift a two-year freeze of its assets.

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Related Topix: Toledo Metro, Toledo, OH, US News

Fox News

McCain Seeks Game-Changer With Housing Policy

John McCain is trying to turn the race around with his new $300 billion housing policy that would have the Treasury Department buy up distressed mortgages and refinance them with new loans reflecting the ...

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Related Topix: US Politics, US News, 2008 Presidential Election, John McCain, Home, Mortgage, Personal Finance

The Times and Democrat

White House considers ownership stakes in banks

The Bush administration is considering taking ownership stakes in a number of U.S. banks as one option it might use to deal with a serious credit crisis, an administration official said Wednesday.

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Related Topix: US News, Prison, US Politics, Charles Schumer, US Senate, Democrat

Wed Oct 08, 2008

KansasCity.com

U.S. Treasury considers ownership stake in banks; global interest rates cut

Having tried without success to unlock credit markets, the Treasury Department may take ownership stakes in many U.S. banks to try to restore confidence in the financial system, government officials say.The ...

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Related Topix: US News, Financial Services, Banking

Idaho Entertainment

Financial industry may face new rules next year

Financial industry may face new rules next year 1/5 President Bush signs the Emergency Economic Stabilization Act of 2008 in the Oval Office of the White House in Washington after the House passed the $700 ...

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Related Topix: George Bush, US News, US Politics, Nancy Pelosi, US House of Representatives, Democrat, Henry Waxman, Barney Frank

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