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Henry Paulson

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Paulson Softening Stance on Foreclosure Relief 

Dec 01, 2008By

If the rumors are true, it looks as if alleged back-room battles with Federal Desposit Insurance Corp. chairman Sheila Bair may be softening up Hammerin’ Hank, as his tenure at the U.S. Treasury comes ever nearer to its close: in remarks delivered Monday afternoon, Henry Paulson suggested that he might yet look to allocate funds from the Troubled Asset Relief Program to support aid for troubled homeowners.

3d rendering of a row of luxury townhouses along a street

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