March 14, 2008
hp-874

Statement by Treasury Secretary Henry M. Paulson, Jr.

Washington, DC -- Treasury Secretary Henry M. Paulson, Jr. today issued the following statement:

"As we have been saying for some time, there are challenges in our financial markets, and we continue to address them. This is another challenge that market participants and regulators are addressing. We are working closely with the Federal Reserve and the SEC. I appreciate the leadership of the Federal Reserve in enhancing the stability and orderliness of our markets. Our financial system is flexible and resilient and I am confident that the efforts of regulators and market participants will minimize disruption to the system."

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