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What I've said repeatedly is, 'I think the auto industry is a very important industry.'

Henry Paulson

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Henry Paulson
Age: 78
Born: 1946
Born: March 28
Banker
Former United States Secretary Of The Treasury
Investment Banker
Politician
Palm Beach
Florida
Thinking
Auto
Repeatedly
Industry
Important
Think

More quotes by Henry Paulson

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China needs a currency that reflects underlying economic fundamentals.
Henry Paulson
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I don't see (subprime mortgage market troubles) imposing a serious problem. I think it's going to be largely contained.
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The U.S. didn't save enough we borrowed a lot. There were structural imbalances in Asia with exporters, with oil exporters for a whole variety of things.
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I've always said, 'I don't want to be irrelevant.'
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Payment systems are critically important for overall market stability. On a typical business day, U.S. payment and settlement systems settle transactions valued at over $13 trillion.
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China saves too much, produces too much, sells too much to Americans and consumes too little.
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Even if you don't have the authorities - and frankly I didn't have the authorities for anything - if you take charge, people will follow.
Henry Paulson
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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
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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
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In China, export lobbies have fought for policies that favor their interests and limit foreign competition.
Henry Paulson
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As a Christian Scientist, I don't go to doctors and get diagnoses.
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Anticompetitive practices hurt Chinese private firms nearly as much as foreign ones.
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It is the policy of the federal government to use all resources at its disposal to make our financial system stronger.
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Buying a home today is a complex process, but that in no way excuses home buyers from their obligation for due diligence.
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There is a very real danger that financial regulation will become a wolf in sheep's clothing.
Henry Paulson
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A Fed loan to Lehman Brothers would not have prevented a bankruptcy.
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There is no way to stabilize the markets other than through government intervention.
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There's always light at the end of the tunnel, right? It just depends on how long the tunnel is.
Henry Paulson
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The first priority is to make sure we have capital to continue to have capital available to put into the financial system. That's the first priority.
Henry Paulson
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In just about every area of society, there's nothing more important than ethics.
Henry Paulson