No deal for pay curbs in Treasury debt plan: source

WASHINGTON (Reuters) - The Bush administration has not agreed to executive pay curbs in its continuing negotiations with Congress over a $700 billion credit market rescue plan, a Treasury source said on Wednesday.

The source, questioned about an Associated Press report that the administration would allow Democrats' demands to limit compensation for heads of firms that sell assets to the government under the program, said: "Nothing has been agreed to. Discussions are ongoing on this and a number of issues."

(Reporting by David Lawder, Editing by Chizu Nomiyama)