US Treasury Secretary Henry Paulson on Monday was to unveil a plan to beef up the Federal Reserve, in the latest US bid to calm economic turmoil stirred up by the "subprime" lending crisis.
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US prepares to give Fed sweeping new oversight powersPosted by UK Economy News
In UK financial news
31Mar 08 US Treasury Secretary Henry Paulson on Monday was to unveil a plan to beef up the Federal Reserve, in the latest US bid to calm economic turmoil stirred up by the "subprime" lending crisis.
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