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FT: Paulson needs Bush's support

Paulson Has the Tools But Needs Bush's Support

Published in the Financial Times on May 31, 2006
May 31, 2006

Paulson has the tools but needs Bush's support
The announcement of Hank Paulson's nomination as US Treasury secretary is good news for everyone. In many ways he is the perfect complement to Ben Bernanke, the new Federal Reserve chairman. A giant among monetary policy thinkers is being joined by one of the most important financiers in the world. We now have the essential combination of a theorist working with a practitioner.