Trump backer John Paulson bows out as possible Treasury secretary pick

John Paulson, a prominent investor, withdrew himself from consideration for Treasury secretary in Donald Trump’s administration due to his financial obligations. Despite this decision, Paulson expressed his commitment to supporting Trump’s economic team and assisting in the implementation of policy proposals. With a net worth of $3.8 billion, Paulson will continue to be actively involved in shaping economic policies under the new administration.

Full Article