Henry Paulson quotes

Henry Paulson is an American public servant and banker, best known for serving as the U.S. Secretary of the Treasury during the financial crisis of 2008. His leadership and decisions had a major impact on the government’s response to the economic downturn. He has also been recognized for his work in environmental policy and global finance. Here are 38 of his quotes:

With Donald Trump as the presumptive presidential nominee, we are witnessing a populist hijacking of one of the United States' great political parties... [R]ooted in ignorance, prejudice, fear and isolationism... This troubles me deeply as a Republican, but it troubles me even more as an American.

Henry Paulson

One of the most constant aspects of American life is change - and nowhere is it more evident than in our financial markets.

Henry Paulson

In just about every area of society, there's nothing more important than ethics.

Henry Paulson

I'm a straightforward person. I like to be direct with people.

Henry Paulson

India is a vibrant nation whose strength lies in its commitment to equal rights and to speech, religious and economic freedoms that enrich the lives of all citizens. India is not only the world's largest democracy; it is also a secular, pluralistic society committed to inclusive growth.

Henry Paulson

Regulation needs to catch up with innovation.

Henry Paulson

Our overriding goal in restructuring our financial architecture should be that taxpayers never again have to save a failing financial institution.

Henry Paulson

I never once considered that it was appropriate to put taxpayer money on the line in resolving Lehman Brothers.

Henry Paulson

An open, competitive, and liberalized financial market can effectively allocate scarce resources in a manner that promotes stability and prosperity far better than governmental intervention.

Henry Paulson

Every global concern - economic, environmental or security-related - can be addressed more effectively when the U.S. and China work together.

Henry Paulson

I have relied on prayer for health care all of my life.

Henry Paulson

China saves too much, produces too much, sells too much to Americans and consumes too little.

Henry Paulson

There is a very real danger that financial regulation will become a wolf in sheep's clothing.

Henry Paulson

My preference is for the Federal Reserve to be the systemic risk regulator, because the responsibility for identifying and limiting potential problems is a natural complement to its role in monetary policy.

Henry Paulson

A single agency responsible for systemic risk would be accountable in a way that no regulator was in the run-up to the 2008 crisis. With access to all necessary information to monitor the markets, this regulator would have a better chance of identifying and limiting the impact of future speculative bubbles.

Henry Paulson

I think all governments engage in intelligence gathering vis-a-vis other governments.

Henry Paulson

China and the U.S. are the two largest importers of oil. They are the two largest emitters of carbon.

Henry Paulson

One of the things I enjoy the most is fishing.

Henry Paulson

It is the policy of the federal government to use all resources at its disposal to make our financial system stronger.

Henry Paulson

As the Indian government has embraced greater economic openness, the creativity and expertise of the Indian workforce has been unleashed onto the world economic stage.

Henry Paulson

The most pressing and significant problems in the global economy are unsustainable structural issues with regard to the E.U. - fiscal deficits and the structure of the E.U. itself.

Henry Paulson

China needs a currency that reflects underlying economic fundamentals.

Henry Paulson