A member of the Social Democratic Party (SPD), he previously served as vice chancellor in the fourth Merkel cabinet and as Federal Minister of Finance from 2018 to 2021.

After the Social Democratic Party entered the fourth Merkel government in 2018, Scholz was appointed as both minister of finance and Vice Chancellor of Germany.

Despite giving a restrained and timid response compared to many other Western leaders, Scholz oversaw a significant increase in the German defence budget, weapons shipments to Ukraine, and the Nord Stream 2 pipeline was put on hold.

During the Israel–Hamas war, he authorized substantial German military and medical aid to Israel, and denounced the actions of Hamas and other Palestinian militant groups.

[2] On 6 November 2024, his government majority collapsed as he dismissed Christian Lindner from the post of Federal Minister of Finance and broke up the coalition agreement.

He holds largely secular political views, and left the Church in adulthood, but has emphasised a need for appreciation of Germany's Christian heritage and culture.

[9] In it, Scholz criticized the "aggressive-imperialist NATO", the Federal Republic as the "European stronghold of big business" and the social-liberal coalition, which puts the "bare maintenance of power above any form of substantive dispute".

In this capacity, he worked closely with the CDU Chief Whip Norbert Röttgen to manage and defend the grand coalition led by Chancellor Angela Merkel in the Bundestag.

On 7 June 2011, Scholz attended the state dinner hosted by President Barack Obama in honor of Chancellor Angela Merkel at the White House.

[39] Scholz was asked to participate in exploratory talks between the CDU, CSU and SPD parties to form a coalition government following the 2013 federal election.

[42] In a paper compiled in late 2014, Scholz and Schäuble proposed redirecting revenue from the solidarity surcharge on income and corporate tax (Solidaritätszuschlag) to subsidize the federal states' interest payments.

[45][46] In 2015, Scholz led Hamburg's bid to host the 2024 Summer Olympics with an estimated budget of €11.2B (US$12.6B), competing against Los Angeles, Paris, Rome, and Budapest.

The deal allowed German regional lender HSH Nordbank to offload €6.2B in problematic assets, primarily underperforming ship loans, onto its government majority owners and avoid being shut down, saving around 2,500 jobs.

"[90] On 22 February 2022, Scholz announced that Germany would be halting its approval of the Nord Stream 2 pipeline in response to Russia's recognition of two self-declared separatist republics within Ukraine.

[92] In an emergency meeting of the Bundestag on 27 February, Scholz made the Zeitenwende speech, announcing a complete reversal of German military and foreign policy, including the commencement of weapons shipments to Ukraine and a €100 billion increase in Germany's defense budget.

[93] Scholz succeeded in obtaining the two-thirds majority necessary to amend the debt ceiling to allow Germany to establish a 100 billion euro defense fund that would not be subject to the restrictions.

[94] One reporter called it a path to "an emergency military modernisation, defence spending, energy independence from Russia, lethal assistance for Ukraine and EU financing for weaponry".

However, in a press conference on 19 April Scholz spoke about slowing Germany's provision of weaponry to Ukraine, which was seen as reducing the scale of the policy change.

[102] In November 2022, Scholz expressed support for the European Green Deal and reaffirmed Germany's goal of attaining climate neutrality, or net-zero greenhouse gas emissions, by 2045.

[125] As a consequence of Nazi German and Soviet Union aggression in World War II, Poland lost about a fifth of its population and much of its industry and infrastructure was destroyed.

[128] In January 2022, The New York Times reported intensifying concerns from the US and other NATO allies about the Scholz government's "evident hesitation to take forceful measures" against Russia in the 2021–2022 Russo-Ukrainian crisis.

[129] The Scholz government initially refused to send weapons to Ukraine, citing existing German policy and financial support for the Eastern European country.

[130] As late as 15 February, Scholz was quoted by TASS as saying "the way out of the crisis in Ukraine is to implement the Steinmeier formula", a mechanism of granting a special status to Donbass.

[133] The Russian invasion drastically changed German policy with regard to defense spending, aiding Ukraine and the nation's energy security.

[135] In addition to increasing defense spending for his own country, in an address to Germany's parliament on 23 March, Scholz emphasized support for aiding Ukraine in its resistance to Russian invasion.

[138] In his 23 March speech, Scholz claimed that Germany would "try everything we can until peace prevails again on our continent" including taking hundreds of thousands of Ukrainian refugees across German borders.

[151][152] This comes as a reverse of his previous stance to not visit Ukraine, after Zelensky rebuked the German President, Frank-Walter Steinmeier over his contribution to stronger Moscow-Berlin ties.

However, in 2024, German authorities ordered the deportation of Russian nationals who wanted to avoid mobilization and criticized Putin's government on the grounds that they would not face persecution in Russia.

[a][187] In August 2024, in response to a deadly attack in Solingen by a Syrian asylum seeker, Scholz has called for stricter immigration measures and expedited deportations.

[190] On 14 September 2024, Scholz and Kenyan President William Ruto signed an agreement that opened the German labor market to up to 250,000 skilled and semi-skilled migrant workers from Kenya.