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Home Front: Politix
Bush nominates Paulson as treasury chief
2006-05-31
Snicker.
Henry Paulson, a top Wall Street banker who has done business in China, was nominated by President George W Bush to be the new US treasury secretary in place of John Snow. Paulson, 60, "has an intimate knowledge of financial markets and ability to explain economic issues in clear terms," Bush said at a White House announcement.
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