Billionaire John Paulson won't join Trump's team as Treasury Secretary due to financial constraints.

John Paulson, a billionaire hedge fund manager, will not join President-elect Donald Trump's administration as Treasury Secretary due to his complex financial obligations. Despite stepping back from the official role, Paulson plans to remain involved with Trump's economic team and support his policy initiatives. Other potential candidates for the position include Scott Bessent and Senator Bill Hagerty.

November 12, 2024
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