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Leadership

Republican ex-Treasury Chief Paulson Slams Trump, to Vote for Clinton

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June 25, 2016, 9:26 AM ET
Former Treasury Secretary Henry Paulson speaks at US-China Strategic and Economic Dialogue
Former Treasury Secretary Henry Paulson speaks at U.S.-China Strategic and Economic Dialogue (S&ED) at the State Department in Washington June 23, 2015. REUTERS/Yuri Gripas© Yuri Gripas / Reuters
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Henry Paulson, a Republican who was U.S. Treasury secretary during the 2008 financial meltdown, on Friday called a Donald Trump presidency “unthinkable” and said he will vote for Democrat Hillary Clinton.

Paulson joins a growing list of establishment Republicans who say they will not cast a ballot in the Nov. 8 election for Trump, the party’s presumptive nominee and a political neophyte whose populist rhetoric runs counter to many long-held Republican principles.

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“When it comes to the presidency, I will not vote for Donald Trump,” Paulson, who was chief executive of Goldman Sachs before becoming Treasury chief under Republican President George W. Bush, wrote in an opinion piece in the Washington Post.

“I’ll be voting for Hillary Clinton, with the hope that she can bring Americans together to do the things necessary to strengthen our economy, our environment and our place in the world,” he said.

Paulson accused Trump, who has touted his business acumen as a real estate developer during his campaign, of taking “imprudent risk” and then disavowing his debts when ventures fail.

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