U.S. Treasury to amend the rescue package

Paulson said that the acquisition of non-mortgage assets by savings is now part of the funds will be used to support credit card receivables, car loans and student loan market U.S. Treasury Secretary Paulson (HenryPaulson) Wednesday said that no longer favor the use of 700,000,000,000 U.S. dollars to save the city money to buy mortgage assets issue, and will go to support financial institutions to carry out the second round of capital injection to meet in private funds, and Turn their attention to non-banking and consumer finance. Paulson said that his officials have continued to review the so-called non-performing assets in the clean-up plan (TARP) to purchase under the liquidity of mortgage assets of the poor benefits. The plan, once the financial markets, the cornerstone of the aid program, the program is also a debate in the Congress to accept almost all of the focus of controversy. Paulson said that the acquisition of non-mortgage assets by savings is now part of the funds will be used to support credit card receivables, car loans and student loan market. He also said that the U.S. Treasury Department will also consider some of the funds made available to non-bank financial institutions and the banking industry may need more help. Minister of Finance Paulson in a speech, to accelerate the decline in U.S. stocks, 10 sectors fell across the board plate, or both at 2%.