【John Paulson Withdraws from the Race for Trump Administration's Secretary of the Treasury】Golden Finance reports that veteran investor John Paulson stated in a declaration to the Wall Street Journal that he will withdraw from the race for U.S. President Donald Trump's Secretary of the Treasury. Paulson said in the statement, "Although various media have mentioned that I am a candidate for Secretary of the Treasury, my complex financial responsibilities make it currently impossible for me to hold an official position in President Trump's administration." "However, I intend to continue actively participating in the President's economic team and help implement President Trump's outstanding policy proposals." According to informed sources, Paulson has been an enthusiastic supporter of Trump for many years and was one of the candidates being considered for the next Secretary of the Treasury. His decision to exclude himself from consideration has essentially cleared the way for fellow investor Scott Bessenet to take the position. Additionally, media reports previously indicated that Tennessee Republican Senator Hagerty was also seen as a competitor.