Historyguy.com Biography of Treasury Secretary Henry M. Paulson, Jr. (b. 1946) and the 2008 Mortgage Crisis and Bailout

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Biography of Treasury Secretary Henry M. Paulson, Jr. (b. 1946)   Henry M. Paulson, Jr. (b. March 28, 1946)       President George W. Bush nominated Henry M. Paulson, Jr. to be the 74th Secretary of the Treasury on June 19, 2006. The United States Senate unanimously confirmed Paulson to the position on June 28, 2006 and he was sworn into office on July 10, 2006 by Supreme Court Chief Justice John Roberts. As Treasury Secretary, Paulson is the President's leading policy advisor on a broad range of domestic and international economic issues.   Before coming to Treasury, Paulson was Chairman and Chief Executive Officer of Goldman Sachs since the firm’s initial public offering in 1999. He joined Goldman Sachs Chicago Office in 1974 and rose through the ranks holding several positions including, Managing Partner of the firm’s Chicago office, Co-head of the firm's investment Banking Division, President and Chief Operating Officer, and Co-Senior partner.   Prior to joining Goldman Sachs, Paulson was a member of the White House Domestic Council, serving as Staff Assistant to the President from 1972 to 1973, and as Staff Assistant to the Assistant Secretary of Defense at the Pentagon from 1970 to 1972.   Paulson graduated from Dartmouth in 1968, where he majored in English, was a member of Phi Beta Kappa, and an All Ivy, All East football player. He received an M.B.A. from Harvard in 1970. He and his wife, Wendy, have two children, Amanda and Merritt.   Links:   Wikipedia Article on Henry Paulson Fortune Magazine: Hank Paulson's secret life Project Vote Smart - Secretary Henry M. Paulson Jr. President Bush Nominates Henry Paulson as Treasury Secretary--May 30, 2006 Who is Henry Paulson?--Chicago Sun-Times

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