Paulson Seeks Quick Passage of Bailout Plan

Treasury Secretary Henry Paulson told the Senate Banking Committee Tuesday that Congress has to quickly pass the administration's 700 billion dollar bailout of the financial industry.

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This Story Despite Pressure, House GOP Hesitant on Financial Rescue Plan Article \| House Republicans remained reluctant to approve legislation that would provide a $700 billion bailout for the financial securities industry after a more than 80-minute sales pitch this morning from Vice President Cheney and President Bush's chief of staff, Joshua Bolten. Bailout Proposal Meets Bipartisan Outrage Bernanke Warns Congress of Possible Recession Lawmakers Urge Action on Bailout Paulson Seeks Quick Passage of Bailout Plan Transcript: Post Politics Hour E.J.'s Precinct: No Deal for Taxpayers The Trail: Tepid Public Approval for Fed Action This Story Alternative Solutions Diverge From Administration's Approach Article \| To hear Henry M. Paulson Jr. and Ben S. Bernanke tell it, there is only one plan to save the economy -- use $700 billion in taxpayer money to take the worst of Wall Street's assets off its books. Bailout Proposal Meets Bipartisan Outrage The Words Left Unspoken in the Bailout Debate Transcript: Pearlstein: Bailout Legislation FBI Investigating Companies at Heart of Meltdown Multimedia Report: From Wall Street to Your Street Paulson Seeks Quick Passage of Bailout Plan Lawmakers Urge Action on Bailout The Crisis and Your Pocketbook Bailout Debate Spawns High-Stakes Lobbying Scramble FBI Opens Probe of Finance Giants Buffett To Invest $5 Billion In Goldman The Mother Of All Interventions Affordable-Housing Goals Scaled Back Washington Sketch: I Come to You, Cashmere Hat in Hand .... What will the Dow be? What will the S&P be? Will the SEC expand the ban on short selling? Which bank will be the next to fall? How will the financial crisis impact the election? Full Coverage: Turmoil on Wall Street Rescue Plan Details This Story Bernanke Warns Of 'Grave Threat' To U.S. Economy Article \| Key supports that have bolstered the U.S. economy through the housing collapse and financial crisis appear to be weakening, making it all the more urgent that Congress quickly approve a Bush administration proposal intended to keep the crisis from spreading, Federal Reserve Chairman Ben S. Bernan... FINANCIAL MARKETS: Fresh Signs of Recovery Or Just Opportunism? The Words Left Unspoken in the Bailout Debate Bailout Proposal Meets Bipartisan Outrage Alternative Solutions Diverge From Administration's Approach Transcript: Pearlstein: Bailout Legislation Timeline: Crisis on Wall Street Lawmakers Urge Action on Bailout Paulson Seeks Quick Passage of Bailout Plan Gloomy Prospects for Growth		TOOLBOX E-Mail This Save/Share + Digg Facebook Reddit Twitter myspace del.icio.us NewsTrust Stumble It! COMMENT 0 Comments Your browser's settings may be preventing you from commenting on and viewing comments about this item. See instructions for fixing the problem. Discussion Policy CLOSE Comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. Finally, we will take steps to block users who violate any of our posting standards, terms of use or privacy policies or any other policies governing this site. Please review the full rules governing commentaries and discussions. You are fully responsible for the content that you post. Who's Blogging » Links to this video		More on washingtonpost.com • More Nation News » washingtonpost.com
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