Paulson comments at U.S. Chamber of Commerce
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Treasury Secretary Henry Paulson comments at U.S. Chamber of Commerce Capital Markets Summit:
Non-bank discount-window use for periods of turmoil
Backs more fed oversight of US primary dealers
Discount-window access requires fed supervision
Housing still biggest risk to US economy
Mortgage market still facing liquidity issues
Fully supported discount-window use by non-banks
Bear Stearns found itself facing bankruptcy
He has great confidence in economy, market
Non-bank discount-window use for periods of turmoil
Backs more fed oversight of US primary dealers
Discount-window access requires fed supervision
Housing still biggest risk to US economy
Mortgage market still facing liquidity issues
Fully supported discount-window use by non-banks
Bear Stearns found itself facing bankruptcy
He has great confidence in economy, market
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