Trump’s Potential Treasury Pick Vows Spending Cuts in Partnership With Musk

‘All of these tax subsidies for solar, for wind, inefficient, uneconomic energy sources. Eliminate that,’ billionaire John Paulson told The Wall Street Journal.
Trump’s Potential Treasury Pick Vows Spending Cuts in Partnership With Musk
John Paulson on set of "The Claman Countdown" at Fox Business Network Studios in New York on Sept. 17, 2024. Rob Kim/Getty Images
Mary Man
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Billionaire John Paulson said he would work with Elon Musk to cut federal spending, particularly by reducing green energy subsidies, if appointed Treasury Secretary under Trump’s administration.

Paulson shared these comments during a Tuesday interview with The Wall Street Journal. “All of these tax subsidies for solar, for wind, inefficient, uneconomic energy sources. Eliminate that. That brings down spending,” he told the media outlet.
Mary Man
Mary Man
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Mary Man is a writer for NTD. She has traveled around the world covering China, international news, and arts and culture.