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Fortune

Sydney Lake

Billionaire investor John Paulson shies away from Trump's Treasury due to 'complex financial obligations'

John Paulson Donald Trump Jerome Powell Scott Bessent WSJ

John Paulson (Credit: Getty Images—John Lamparski)

In the aftermath of the U.S. presidential election, all eyes have been on President-elect Donald Trump to see who he’ll pick to be part of his cabinet. While some pro-Trump figures have celebrated the idea of potentially being a part of his administration (take Tesla CEO Elon Musk, for example), some have preemptively turned down positions.

Billionaire investor John Paulson announced Tuesday he removed himself from consideration as a potential nominee for Treasury secretary by Trump, Paulson told The Wall Street Journal.

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