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In an effort to deal comprehensively with a severe financial crisis on Wall Street, the Bush administration Friday is proposing the creation of a government agency to deal with the bad loans of U.S.-based financial institutions. The plan could cost
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By Scott Stearns White House 23 January 2008 U.S. Treasury Secretary Henry Paulson met with congressional leaders Wednesday for talks on a stimulus package for the U.S. economy. VOA White House Correspondent Scott Stearns has the story. Secretary Pau
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U.S. Treasury Secretary Henry Paulson has defended his handling of the $700 billion financial bailout package. Paulson spoke Thursday at the Ronald Reagan Presidential Library in Simi Valley, California, and Mike O'Sullivan reports, he called for ca
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WASHINGTON, Feb. 19 (Xinhua) -- U.S. Treasury Secretary Timothy Geithner on Sunday threw U.S. support behind the latest Greek economic reform package and said the United States would encourage the International Monetary Fund (IMF) to back this agreem
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