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Henry Paulson is an American banker and politician, best known for serving as the 74th Secretary of the Treasury under President George W. Bush from 2006 to 2009. Prior to his role in government, he was the chairman and CEO of Goldman Sachs, where he played a significant role in the firm's expansion and global outreach. Paulson is widely recognized for his leadership during the financial crisis of 2008, particularly for his efforts in implementing the Troubled Asset Relief Program (TARP).
b. 1946
When the financial system works as it should, money and capital flow to and from households and businesses to pay for home loans, school loans, and investments to create jobs.Statement by Secretary Henry M. Paulson, Jr. on Comprehensive Approach to Market Developments, U.S. Department of the Treasury, 2008