September 21st, 2008
10:00 AM ET
6 years ago

CNNMONEY.COM: Paulson urges 'clean and quick' OK

Paulson called on Congress to move swiftly.
Paulson called on Congress to move swiftly.

NEW YORK (CNNMoney.com) - Treasury Secretary Henry Paulson on Sunday called on Congress to move swiftly on the Bush administration's $700 billion proposal to bail out the financial system

"We need this to be clean and quick," Paulson said on ABC's "This Week."

President Bush asked Congress on Saturday for the authority to spend as much as $700 billion to purchase troubled mortgage assets and contain the financial crisis.

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