Neel Kashkari, the former Goldman Sachs (GS) Group Inc. executive chosen by ex-Treasury Secretary Henry Paulson to help rescue the U.S. banking system, is readying a challenge to California Governor Jerry Brown even as the world’s 10th-largest economy reaches its highest level in more than three decades.
Kashkari, 40, who ran the $700 billion Troubled Asset Relief Program under President George W. Bush. has assembled a team of Republican campaign strategists and is talking to potential donors about taking on the 75-year-old Democrat, said Aaron McLear. a spokesman for Kashkari. Brown has raised more than $10 million for a possible re-election run after defeating Meg Whitman. the former EBay Inc. (EBAY) chief executive officer who now runs Hewlett-Packard Co. (HPQ). in 2010.
Returning the California governor’s office to Republican control for the first time since Arnold Schwarzenegger ’s term ended almost three years ago would mark a triumph for a party that is eying 36 gubernatorial races in 2014 and has already captured 29 statehouses, the most in 13 years.
“He has great courage and self-confidence,” Paulson said of Kashkari. “He was cool under pressure.”
“This is a guy who really is quite remarkable,” the ex-Goldman Sachs chief executive officer said in an interview. “He’d be an excellent candidate and excellent governor.”
Former Goldman Sachs Executive Neel Kashkari has assembled a team of Republican campaign strategists and is talking to potential donors about taking on California Governor Jerry Brown. Close
Former Goldman Sachs Executive Neel Kashkari has assembled a team of Republican. Read More
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