U.S. Treasury’s Paulson Says Housing Remains Biggest Challenge

In an interview with a Mexican television station, U.S. Treasury
Secretary Henry Paulson said the biggest challenge
facing the U.S. economy is an ailing housing sector,
which he hopes will recover by the end of the year.

Paulson stressed that profitable fundamentals in the United State,
nevertheless, remained strong, adding

that there is no easy solution to
higher oil prices.

He plus called for more output in crude oil.

Original post by Mortgage News Daily - Mortgage And Real Estate News

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