Some good reactions to the Paulson nomination from around the editorial boards...

The New York Times:

"President Bush's nomination of Henry Paulson Jr. to be the next Treasury secretary is a master stroke. A Wall Street investment banker for more than 30 years and head of Goldman Sachs for the past eight, Mr. Paulson will bring much-needed clout, pragmatism and credibility to the job."

Chicago Tribune:

"President Bush's nominee to be the next treasury secretary has a history of speaking truth to power. ? Paulson's was often a lonely voice calling for reforms of business protocols and financial markets. If Paulson's honesty bought enemies, it also bought credibility on Main Street and Wall Street. That could prove critical if Bush's economic agenda is to gain any traction during the 31 months that remain in his presidency."

"Mr. Paulson, who has presided over a doubling of Goldman's revenue since he took its helm eight years ago, has financial credibility in abundance."

"The investment banker seems to be especially sound on fiscal policy."

"Paulson, a well-respected figure on Wall Street, is said to be something of a deficit hawk."

"It's important to have a strong, influential internationalist at Treasury at a time when protectionism is on the rise at home and in many other countries. Paulson will be immensely helpful in dealing with such squabbles as the recent Dubai Ports controversy, and he can be counted on to be sensible in conducting negotiations with Beijing over the value of its currency."

Posted by Matt at June 1, 2006 12:17 PM

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Comments

Wow, more liberal newspapers (except for the WSJournal) love an appointee.

Posted by: Art Patscheck at June 1, 2006 01:57 PM

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damn liberal media

Posted by: c0rp0rate_pr0fit at June 1, 2006 02:35 PM

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hmmm - the liberal media likes him - somethings wrong

Posted by: Call_ms_suspicious at June 2, 2006 02:37 PM

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