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VisitHow will John Paulson's firm change its financial strategy by Dec 31, 2025?
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Financial reports or reputable news sources
John Paulson Withdraws from Trump Treasury Secretary Race Due to Financial Obligations
Nov 12, 2024, 03:57 PM
Veteran investor John Paulson has withdrawn his name from consideration for the position of U.S. Treasury Secretary in Donald Trump's administration. In a statement to the Wall Street Journal, Paulson cited his 'complex financial obligations' as the reason preventing him from serving in an official capacity at this time. His decision could potentially clear the path for Scott Bessent to be nominated for the role.
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