Trump backer John Paulson bows out as possible Treasury Secretary pick

Trump backer John Paulson bows out as possible Treasury Secretary pick


John Paulson visits “Mornings With Maria” at Fox Business Network Studios on October 23, 2024 in New York City. 

John Lamparski | Getty Images

Hedge fund chief John Paulson has removed himself from consideration as a potential nominee for Treasury secretary by President-elect Donald Trump, NBC News confirmed Tuesday.

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