John Paulson visits "Mornings With Maria" astatine Fox Business Network Studios connected October 23, 2024 successful New York City.
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The capitalist John Paulson removed himself Tuesday from information arsenic a imaginable nominee for Treasury caput by President-elect Donald Trump.
Paulson said, "My analyzable fiscal obligations would forestall maine from holding an authoritative presumption successful President Trump's medication astatine this time."
"However, I mean to stay actively progressive with the President's economical squad and helping successful the implementation of President Trump's outstanding argumentation proposals," Paulson said successful a statement.
Paulson, who heads the Paulson & Co. household office, has a nett worthy of $3.8 billion, according to Forbes,
The Trump donor is celebrated for shorting the subprime owe marketplace successful 2007, a twelvemonth earlier the fiscal crisis.
Paulson predicted successful September that the banal marketplace would clang if Vice President Kamala Harris won the statesmanlike election.
The Wall Street Journal archetypal reported that Paulson had dropped retired of information for the Treasury post.
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