“To restore confidence in our markets and our financial institutions so they can fuel continued growth and prosperity, we must address the underlying problem. The federal government must implement a program to remove these illiquid assets that are weighing down our financial institutions and threatening our economy.”

Henry Paulson is an American economist and former U.S. Treasury Secretary. He is best known for his leadership during the 2008 financial crisis, guiding the implementation of the Troubled Asset Relief Program (TARP) to stabilize the financial system. His career spans Wall Street, government, and corporate boardrooms, marked by a focus on economic policy and crisis management.