Bannon alleges Treasury Secretary Hank Paulson pushed leverage rule changes that enabled 2008 crisis, claims no criminal charges against bank execs

Bannon alleges Treasury Secretary Hank Paulson pushed leverage rule changes that enabled 2008 crisis, claims no criminal charges against bank execs The passage provides a specific claim linking former Treasury Secretary Hank Paulson to regulatory changes that increased bank leverage, implicating Goldman Sachs and suggesting a lack of criminal accountability. It offers a concrete name, policy change, and alleged outcome, which are actionable leads for financial‑regulatory or criminal investigations. However, the claim is unverified, lacks documentary evidence, and repeats already known criticism of Paulson, limiting its novelty. Key insights: Bannon cites Hank Paulson, former Treasury Secretary, as having pushed leverage ratio changes from 8:1 to 35:1 for investment banks.; Alleges that these changes turned banks into hedge‑fund‑like entities, increasing systemic risk.; Claims no criminal charges were ever filed against any bank executive for the 2008 crisis.