Henry Paulson

United States state institutions Conservatism and Christian democracy 1946.3.28.–

Former Goldman Sachs chief who as US Treasury Secretary led the $700 billion bank rescue of 2008

Born in Palm Beach, Florida, Paulson was an investment banker who rose at Goldman Sachs from co-head of investment banking and chief operating officer to chairman and chief executive. He was the 74th Secretary of the Treasury in the Bush administration from 2006 to 2009. In September 2008 he handled the Lehman Brothers crisis and, with Ben Bernanke, asked Congress for a $700 billion fund to buy toxic assets, obtaining the Emergency Economic Stabilization Act and the Troubled Asset Relief Program (TARP).

Also known as: Hank Paulson · Henry Merritt Paulson Jr.