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| | [[Image:HenryPaulson.jpg|thumb|right|300px|Official US Treasury photo of Henry Paulson]] | | [[Image:HenryPaulson.jpg|thumb|right|300px|Official US Treasury photo of Henry Paulson]] |
| − | '''Henry M. Paulson, Jr.''' (born March 28, 1946) is a former [[United States Secretary of the Treasury|Secretary of the Treasury]]. Henry was nominated by President [[George W. Bush]] on June 19, 2006 and confirmed unanimously by the [[United States Senate|Senate]] on June 28, 2006.<ref>See [http://www.ustreas.gov/organization/bios/paulson-e.html Biography]</ref> After [[Barak Obama]] became President, he was replaced by [[Timothy Geithner]] as the Secretary of the Treasury. | + | '''Henry M. Paulson, Jr.''' (born March 28, 1946) is a former [[United States Secretary of the Treasury|Secretary of the Treasury]]. Henry was nominated by President [[George W. Bush]] on June 19, 2006 and confirmed unanimously by the [[United States Senate|Senate]] on June 28, 2006.<ref>See [http://www.ustreas.gov/organization/bios/paulson-e.html Biography]</ref> After [[Barack Obama]] became President, he was replaced by [[Timothy Geithner]] as the Secretary of the Treasury. |
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| − | Paulson, along with [[Ben Bernanke]], the Chairman of the [[Federal Reserve System]], was at the center of the efforts to resolve the [[Financial Crisis of 2008]]. | + | Paulson, along with [[Ben Bernanke]], the Chairman of the [[Federal Reserve System]], was at the center of the efforts to resolve the [[Financial Crisis of 2008]]. Many call into question his relationship with the banking sector as a conflict of interest. Paulson's plan called for the rescue of extremely corrupt organizations, such as [[AIG]]. |
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| | ==Background== | | ==Background== |
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| | Paulson served as Staff Assistant to President [[Richard Nixon]] from 1972-73 and Assistant to the Assistant Secretary of Defense from 1970-72. | | Paulson served as Staff Assistant to President [[Richard Nixon]] from 1972-73 and Assistant to the Assistant Secretary of Defense from 1970-72. |
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| − | After working for the White House, Paulson went to work for Goldman Sachs. He joined the company in 1974 and worked his way up the chain to be named Chairman and CEO in 1999. He specialized in financial deals with China, making 75 trips to that country. His net worth is about $400 million. | + | After working for the White House, Paulson went to work for [[Goldman Sachs]]. He joined the company in 1974 and worked his way up the chain to be named Chairman and CEO in 1999. He specialized in financial deals with [[China]], making 75 trips to that country. His net worth is about $400 million. |
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| | Paulson is a [[Christian Scientist]]; his wife is a noted bird watcher; his daughter is a reporter for the [[Christian Science Monitor]], and his son owns minor league sports teams in Oregon. | | Paulson is a [[Christian Scientist]]; his wife is a noted bird watcher; his daughter is a reporter for the [[Christian Science Monitor]], and his son owns minor league sports teams in Oregon. |