For the first time, Fed officials have offered an account that differs significantly from the versions that, for many, have hardened into history.» Read More
U.S. Treasury Secretary Henry Paulson said on Tuesday that a weakened housing market will not have a major impact on the U.S. financial sector, which he described as quite healthy.
U.S. Treasury Secretary Henry Paulson kicked off a three-nation Asian tour in Tokyo on Monday amid turmoil in regional stock markets and the dollar's sudden drop against the yen.
U.S. Treasury Secretary Henry Paulson said on Friday that recent financial market volatility does not necessarily reflect the fundamentals of the U.S. economy, nor those of the developing Chinese economy.
New York Senator and presidential candidate Hillary Clinton told CNBC that this week's market turmoil "should be a real wake-up call for our country" on its foreign debt and fiscal policy.
U.S. Treasury Secretary Henry Paulson said Thursday that China ismoving too slowly to overhaul its currency system and to crack down on copyright piracy, two factors that American businesses blame for the soaring trade deficit with China.
U.S. Treasury Secretary Henry Paulson told lawmakers that the U.S. is seeking benchmarks for actions to open China's economy to more U.S. goods and services.
The U.S. economy is slowing to a steady growth rate that provides a basis for dealing with necessary changes to retirement and health care programs, Treasury Secretary Henry Paulson said today.
The Bush administration on Friday filed a complaint with the World Trade Organization, accusing China of improperly subsidizing its own firms. "Power Lunch" heard from two experts on international trade, who debated whether the filing was smart, hard-edged economic brinkmanship -- or a savvy political move to mollify Congressional Democrats and others who demand White House action on vanishing U.S. manufacturing jobs.
Stocks in the U.S. are pointing lower this morning. The Fed's statement, important economic data and earnings could all drive the markets today. President Bush speaks on the economy on Wall Street and Treasury Secretary Hank Paulson appears before Senate Banking on the Chinese currency issue.
Last week the Secretary of the Treasury, Hank Paulson, was asked if the residential real estate market had bottomed. He refused to answer the question. But as we approach the New Year, that is arguably the biggest question in real estate. The spring season is right around the corner, traditionally the busiest for buying and selling, and many believe it will tell the true story of the state of the market.
As we've told you--CNBC's Carl Quintanilla was part of the crew covering the just ended American-Chinese economic talks in Beijing. His reports appeared on "Squawk Box" (see our earlier post today). Here are his personal and behind the scene comments on the trip. If you're a fan of big cities, you're a fan of Beijing...
U.S. Treasury Secretary Henry Paulson met with Chinese President Hu Jintao in Beijing today, on the second and last day of what has been billed as a long-range "strategic economic dialogue" between the two powerful nations. CNBC’s Carl Quintanilla is traveling along with the U.S. delegation.....
U.S. Treasury Secretary Henry Paulson and other top American officials are in Beijing this morning for trade talks, appealing to Chinese leaders to help preserve U-S support for free trade. CNBC’s Carl Quintanilla is following all the developments closely and updated the “Squawk Box” crew this morning, also from Beijing.
The Democrats are putting a lot of pressure on President George W. Bush and his administration to force changes in China’s trade and monetary policies. Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke are visiting the Asian giant this week, and they’ve arrived with a list of demands for the Chinese government.
China posted a trade surplus of $22.9 billion in November, raising the stakes before a high-level U.S. delegation arrives in Beijing for talks expected to focus on the political repercussions of the swelling surplus.
CNBC's Maria Bartiromo had an exclusive interview with U.S. Treasury Secretary Henry Paulson this morning. He gave his take on today’s jobs report, the weak U.S. dollar and his upcoming trip to China. Paulson said the jobs report was “good news.” Even more importantly, though, was the fact that job creation was leading to wage growth.