The investor John Paulson removed himself from consideration as a potential nominee for Treasury secretary by President-elect Donald Trump. Paulson is the head of Paulson & Co. family office, and is famous for shorting the subprime mortgage market in 2007 ahead of the financial crisis.

Veteran investor John Paulson is dropping out of the running to become President-elect Donald Trump’s Treasury secretary, he said in a statement to The Wall Street Journal.“Although various media outlets have mentioned me as a candidate for Secretary of the Treasury,

Billionaire investor John Paulson, a frontrunner for the role of U.S. Treasury Secretary under President-elect Donald Trump, said on Tuesday his "complex financial obligations" will prevent him from holding an office in the new administration.

Some of President-elect Donald Trump’s key advisers are backing Scott Bessent, who runs macro hedge fund Key Square Group, as the best choice to serve as Treasury secretary, people familiar with the matter said.

Hedge fund manager and Trump megadonor John Paulson has withdrawn his name from consideration to serve as the president-elect's next Treasury secretary.

Some of President-elect Donald Trump’s key advisers are backing Scott Bessent, who runs macro hedge fund Key Square Group, as the best choice to serve as Treasury secretary, people familiar with the matter said.

Scott Bessent is reportedly a heavy favorite in Trump's final list of potential individuals to lead the U.S. Treasury – who is he and will his views have an impact on Bitcoin and the broader crypto industry?