Former Treasury Secretary Hank Paulson told CNBC he'd comment on JPMorgan's legal troubles, even though he shouldn't. Warren Buffett also weighed in.» Read More
WASHINGTON, Oct 9- President Barack Obama nominated Janet Yellen on Wednesday to take over from Federal Reserve Chairman Ben Bernanke, closing a chapter in a turbulent period for the U.S. economy that has spurred unprecedented central bank action. Oct. 24, 2005- President George W. Bush nominates Bernanke to four-year term as Fed chairman.
WASHINGTON, Oct 1- Former U.S. Treasury Secretary Henry Paulson and New York City Mayor Michael Bloomberg are sponsoring a study of how climate change will affect the United States and what that disruption will cost.
Former Rep. Paul Kanjorski, (D-PA), discusses how lawmakers responded to the nation's financial crisis five-years ago and the unfinished business of the Dodd-Frank Act.
NEW YORK, Sept 15- A few years ago, Larry Summers, then the director of President Barack Obama's National Economic Council, held a private meeting with some of Wall Street's top bankers and executives.
Former Treasury Secretary Hank Paulson praised the Tarp program earlier today on CNBC. David Malpass, Encima Global; Douglas Holtz-Eakin, American Action Forum president; and John Tamny, Forbes opinions editor, discuss if Fed chair Ben Bernanke and the Tarp program saved the U.S economy.
Richard Kovacevich, former Chairman & CEO of Wells Fargo, provides his thoughts on how the government handled the financial crisis five years ago, and why he thinks the TARP program actually made the crisis worse.
Former Treasury Secretary Hank Paulson, shares his recollections on what went on behind the scenes when the "massive credit bubble" burst five years ago.
NEW YORK, Sept 12- Just days after UBS AG said that it would gut its fixed-income trading business last October, three of the Swiss bank's senior executives left to launch a firm to go where big banks won't anymore.
Five years ago, the government abandoned Lehman Brothers to its fate. Was that a mistake, or did it help bring the financial crisis under control?
The United States, the European Union, Britain, Japan and other nations should come up with a regulatory regime that works across all borders. One common derivative, for example, an exchange-rate swap, allows parties in the United States to get payments in U.S. dollars while those in Europe are paid in euros.
Former US Treasury Secretary Hank Paulson argues the Federal Reserve can't be the only driver of both the markets and economy.
June 11- Two affiliates of failed U.S. electric-car maker Coda Automotive filed for chapter 11 bankruptcy protection on Tuesday, according to court documents, in another sign of the challenges facing the "green" car industry.
CNBC's Kate Kelly reports that Henry Paulson's umbrella funds are down significantly through December.
LIANGJIAHE, China-- The next leader of China spent much of his youth living in a dug-out cave. Xi Jingping's seven years in this remote northern community meant toiling alongside rural villagers by day and sleeping on bricks by night, in stark contrast to his pampered early years in Beijing.
CNBC's Steve Liesman talks with two former Treasury Secretaries, Robert Rubin and Henry Paulson, about the economic problems in Europe.
CNBC's Steve Liesman reports on a discussion between two former U.S. Treasury Secretaries, discussing the current fiscal issues facing the nation.
During the frenzied days of September 2008, as the U.S. financial system teetered on the brink of collapse, the government chose winners and losers. Washington Mutual, the country’s largest savings and loan bank, fell into the latter camp. The author of "The Lost Bank" has the story of the biggest bank failure in American history.
Tim Geithner could be heading back to school so to speak, at least if his chatty father-in-law is to be believed.
Although there are similarities with what the United States went through at the onset of the financial crisis, the issues in Europe are are more complex and will take years to resolve, Henry Paulson, former Treasury Secretary and founder of the Paulson Institute told CNBC on Wednesday.
After the weekend's International Monetary Fund (IMF) meeting passed with no concrete announcements on the resolution of the Eurozone debt crisis, one analyst called for a "Paulson moment" between politicians and fiscal policymakers in Europe.