WASHINGTON — Treasury Secretary Henry Paulson yesterday said the Bush administration has been monitoring the health of municipal bond insurers, but declined to discuss whether it would provide any relief from the turmoil in the industry.

“We are obviously looking at monoline issuers … [and have been] carefully for some time,” Paulson said after a speech before the U.S. Chamber of Commerce. “We are actively engaged in watching that sector and talking with other policy makers about that sector.”

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