Secretary Of Treasury Quotes & Sayings

The Bush administration has now provided three case studies in arrogance, isolation and destructiveness: Michael Brown during Hurricane Katrina, Ambassador Jerry Bremer in Baghdad and Secretary Paulson at Treasury. It is a tragic and very expensive legacy. No conservative and no Republican should doubt how much it has hurt our cause and our party. — Newt Gingrich

Alexander Hamilton has been on the $10 since 1928, he's been well honored by the country, he was a great Secretary of the Treasury. But of all the people on the currency, the only one who isn't a president. — Grover Norquist

I didn't know you were Catholic. (to Treasury Secretary Henry Paulson as he got down on one knee to beg Pelosi to find Democratic support for the bailout bill)-2008 — Nancy Pelosi

They are having quite an argument over Treasury Secretary Mellon's Tax Bill. Mr. Mellon wants to cut the surtax on the rich, and leave it as is on the poor, as there is more poor than rich. I suppose the majority will win. — Will Rogers

The George W. Bush administration trotted out all manner of excuses for its invasion of Iraq, but it was clearly mindful of the fact that Saddam Hussein's decision in 2000 to denominate the country's oil sales in euros rather than dollars could hardly set a good precedent. Former treasury secretary Paul O'Neill revealed in his 'as told to' memoir that finding a way to forcibly get rid of Saddam was topic A at the Bush administration's very first National Security Council meeting, a mere ten days after Bush's inauguration. — Mike Lofgren

Goldman Sachs was fundamentally responsible for the crash of 2008, but by that time its former Chairman and Chief Executive Officer, Henry 'Hank' Paulson, had been installed as US Treasury Secretary to begin the bank bail out policy, with enormous benefit to Goldman Sachs, in the closing weeks of the Bush administration. Goldman Sachs was also instrumental in the collapse of the economy in Greece that started the 'euro panic' that later engulfed Ireland. — David Icke

I could run for Congress. Why not? Good heavens, if Ronald Reagan can be president, I ought to make a great secretary of the treasury. — Sandra Dee

I passionately disagreed with Treasury Secretary Hank Paulson's plan to bail out the banks by using a public fund called the Troubled Asset Relief Program (TARP) to help banks take toxic assets off their balance sheets. I argued that it would be much better to put the money where the hole was and replenish the equity of the banks themselves. — George Soros

The Secretary of Labor is in charge of finding you a job, the Secretary of the Treasury is in charge of taking half the money you make away from you, and the Attorney General is in charge of suing you for the other half. — Lyndon B. Johnson

Hamilton's critics seriously underrated his superhuman stamina. He enjoyed beating his enemies at their own game, and the resolutions roused his fighting spirit. By February 19, in a staggering display of diligence, he delivered to the House several copious reports, garlanded with tables, lists, and statistics that gave a comprehensive overview of his work as treasury secretary. In the finale of one twenty-thousand-word report, Hamilton intimated that he had risked a physical breakdown to complete this heroic labor: It is certain that I have made every exertion in my power, at the hazard of my health, to comply with the requisitions of the House as early as possible. — Ron Chernow

The numbers were, at best, guesstimates, and all three men knew it. The relevant figure would ultimately be the one that represented the most they could possibly ask from Congress without raising too many questions. Whatever that sum turned out to be, they knew they could count on (Interim Assistant Secretary of the Treasury) Kashkari to perform some sort of mathematical voodoo to justify it: — Andrew Ross Sorkin

Also for me it was different because I play a lot of villains and in this one I play a dad and I play a good guy, basically. He's the Secretary of the Treasury. I never had a job like that. — Christopher Walken

If we are going to remove someone, which I have no problem with doing, then let's do the 20, not the 10, the very first secretary of the Treasury, Alexander Hamilton. — James Lankford

Secretary of the treasury Albert Gallatin is accused of treason by war enthusiasts merely for suggesting budget adjustments to pay for war measures. — Donald R. Hickey

In fact, in 2002, the Secretary of Defense authorized such support on a reimbursable basis to organizations formerly components of the Department of Justice and Department of the Treasury and currently components of the Department of Homeland Security. — Solomon Ortiz

To exclude from positions of trust and command all those below the age of 44 would have kept Jefferson from writing the Declaration of Independence, Washington from commanding the Continental Army, Madison from fathering the Constitution, Hamilton from serving as secretary of the treasury, Clay from being elected speaker of the House and Christopher Columbus from discovering America. — John F. Kennedy

I was dupedby the Secretary of the treasury [Alexander Hamilton], and made a fool for forwarding his schemes, not then sufficiently understood by me; and of all the errors of my political life, this has occasioned the deepest regret. — Thomas Jefferson

The US Empire received a big boost from the 9/11 attack. Paul O'Neill, George W. Bush's first secretary of the treasury, reported he was shocked that in the very first National Security Council meeting - ten days after Bush's January of 2001 inauguration - the discussion was about when, not if, the US should invade Iraq. We also know that the PATRIOT Act was written a long time before 9/11, when the conditions were not ripe for its passage. Nine-eleven took care of that. The bill quickly passed in the US House and Senate with minimal debate and understanding. Bush signed the bill into law on October 26, 2001, a mere 45 days after the attack. Making use of a crisis is established policy. — Ron Paul

[Ben Carson] critics say that your inexperience shows. You've suggested that the Baltic States are not a part of NATO, you were unfamiliar with the major political parties and government in Israel, and domestically, you thought Alan Greenspan had been treasury secretary instead of federal reserve chair. — Megyn Kelly

I have asked the secretary of the treasury to report by April 1 on whether present tax laws may be stimulating in undue amounts the flow of American capital to the industrial countries abroad through special preferential treatment. — John F. Kennedy

Discipline and keen insight had once again served Lincoln most effectively. By regulating his emotions and resisting the impulse to strike back at Chase when the circular first became known, he gained time for his friends to mobilize the massive latent support for his candidacy. Chase's aspirations were crushed without Lincoln's direct intrusion. He had known all along that his treasury secretary was no innocent, but by seeming to accept Chase's word, he allowed the secretary to retain some measure of his dignity while the country retained his services in the cabinet. Lincoln himself would determine the appropriate time for Chase's departure. — Doris Kearns Goodwin

The people in a position to resolve the financial crisis were, of course, the very same people who had failed to foresee it: Treasury Secretary Henry Paulson, future Treasury Secretary Timothy Geithner, Fed Chairman Ben Bernanke, Goldman Sachs CEO Lloyd Blankfein, Morgan Stanley CEO John Mack, Citigroup CEO Vikram Pandit, and so on. A few Wall Street CEOs had been fired for their roles in the subprime mortgage catastrophe, but most remained in their jobs, and they, of all people, became important characters operating behind the closed doors, trying to figure out what to do next. With them were a handful of government officials - the same government officials who should have known a lot more about what Wall Street firms were doing, back when they were doing it. All shared a distinction: They had proven far less capable of grasping basic truths in the heart of the U.S. financial system than a one-eyed money manager with Asperger's syndrome. — Michael Lewis

Nature has arranged that when you overcome a given inertia the resulting momentum is proportionate. If I were to begin borrowing money I would end by devising means of persuading the Secretary of the Treasury to lend me the gold reserve. — Rex Stout

And the Americans were told they were going to attack this heavily defended position with unloaded muskets, just with their fixed bayonets. It was a nighttime attack and they didn't want to be shooting each other. They were commanded by that gentleman on your ten-dollar bill, Alexander Hamilton, the future secretary of the Treasury. — Sarah Vowell

Hank Paulson, the happy capitalist warrior who spent his life pursuing and defending free markets, is now the biggest interventionist Treasury secretary we've had since the Great Depression. — Charles Duhigg

NEW YORK Climate change is likely to exact enormous costs on U.S. regional economies in the form of lost property, reduced industrial output and more deaths, according to a report backed by three men with vast business experience. The report, released Tuesday, is designed to persuade businesses to factor in the cost of climate change in their long-term decisions and to push for reductions in emissions blamed for heating the planet. It was commissioned by the Risky Business Project, which describes itself as nonpartisan and is chaired by former New York City Mayor Michael R. Bloomberg, former Treasury Secretary Henry M. Paulson Jr. and Thomas F. Steyer, a former Bay Area hedge fund manager. — Anonymous

There is a certain oddity to Larry Fink having problems in Washington. He is a strong Democrat who has close ties to President Obama and has often been rumored as set to take a big administration job, such as Secretary of the Treasury. — Carol Loomis

Everybody knows that Alexander Hamilton was a founding father of the United States, a young father to be sure: only thirty at the time of the Constitutional Convention and just turned thirty-eight when he left behind his brilliant career as Secretary of the Treasury. — Edmund Morgan

I found so many Jews and speculators here trading in cotton, and secessionists had become so open in refusing anything but gold, that I have felt myself bound to stop it. The gold can have but one use - the purchase of arms and ammunition ... Of course, I have respected all permits by yourself or the Secretary of the Treasury, but in these new cases (swarms of Jews), I have stopped it. — William Tecumseh Sherman

I would have my secretary of treasury be in touch with the financial centers, not only here but at home. — George W. Bush

Our leaders are cruel because only those willing to be inordinately cruel and remorseless can hold positions of leadership in the foreign policy establishment. People capable of expressing a full human measure of compassion and empathy toward faraway powerless strangers do not become president of the United States, or vice president, or secretary of state, or national security adviser or secretary of the treasury. Nor do they want to. — William Blum

tenure at Treasury was not as successful as his career at Alcoa. Almost immediately after taking office he began focusing on a couple of key issues, including worker safety, job creation, executive accountability, and fighting African poverty, among other initiatives. However, O'Neill's politics did not line up with those of President Bush, and he launched an internal fight opposing Bush's proposed tax cuts. He was asked to resign at the end of 2002. "What I thought was the right thing for economic policy was the opposite of what the White House wanted," O'Neill told me. "That's not good for a treasury secretary, so I got fired. — Charles Duhigg