From: jlohrmann@igc.apc.org
Newsgroups: talk.politics.misc
Subject: CLINTON TEXT: 12/10 Appointments
Date: 11 Dec 92 17:13:00 GMT
Nf-ID: #N:cdp:1483600054:000:20819
Nf-From: cdp.UUCP!jlohrmann    Dec 11 09:13:00 1992


From: <jlohrmann>
Subject: CLINTON TEXT: 12/10 Appointments


From: CLINTON@MARIST.BITNET
========================================================================
 Posted by: The Office of the President-Elect
 December 10, 1992

 SUBJECT: Appointees

 The following appointments were made today by President-Elect Bill
 Clinton.  Following are  descriptions of the agencies, statements
 from the designees and bio's of the designees.

 DEPARTMENT TITLE:                   Department of the Treasury

 SECRETARY DESIGNEE:                 Senator Lloyd Bentsen

 DEPUTY SECRETARY DESIGNEE:          Roger C. Altman

       The Department of the Treasury is responsible for overseeing
 fiscal and financial policies of the United States government.  The
 Treasury Department's duties include:

       Recommending international and domestic policy to the
 president; reporting government fiscal operations to the Congress;
 accounting for all United States government receipts, expenditures
 and appropriations; and the protection of the President, the Vice
 President and their families.  The following agencies fall under the
 Treasury Department's jurisdiction:

      Bureau of Alcohol, Tobacco, and Firearms
      Office of the Comptroller of the Currency
      United States Customs Service
      Bureau of Engraving and Printing
      Federal Law Enforcement Training Center
      Bureau of Government Financial Operations
      Internal Revenue Service
      Bureau of the Mint
      Bureau of the Public Debt
      United States Savings Bonds Division
      United States Secret Service

       Treasury ranks second among United States government Executive
 Departments.  Founded in 1789, it was one of the original departments
 established.

 (Source:    The Presidential-Congressional Political Dictionary)

                                      -30-

                   STATEMENT OF SENATOR LLOYD BENTSEN
                  SECRETARY OF THE TREASURY- DESIGNEE

       Governor Clinton has asked me to take on a new role in public
 service as Secretary of the Treasury, and I have accepted.

       It has been my privilege to serve my country and the people of
 Texas as U.S. Senator, and it isn't easy for me to leave the Senate.
 I will miss my colleagues in Congress but I am heartened that we will
 be working together on our top priority: jobs.  We want a stronger,
 more competitive economy, one that is better able to create
 opportunity.

      I also welcome the chance to work with people like Roger Altman,
 Bob Rubin, Leon Panetta, Alice Rivlin and other members of the
 Clinton Administration.  I know many of them.  They bring the kind of
 first-rate intellect and experience that are needed to meet the
 challenges ahead.

      Our administration inherits twin deficits of lagging investment
 and unbalanced budgets.  We are determined to cut both down to size
 in order to spur economic growth for the short run and boost
 prosperity over the long haul.

      The American people realize that these challenges didn't develop
 overnight and won't be fixed overnight.  They are not looking for
 miracles, but they do expect progress and they will see it.

      I've known Governor Clinton for many years and we have shared
 views when it comes to issues like economic fairness, growth, trade,
 investment and deficit reduction.  His election has restored hope to
 millions of American families and I'm honored to be asked to help him
 turn that hope into reality.

                                 -30-

 NAME:                         Senator Lloyd Bentsen

 SECRETARY DESIGNEE FOR:       Department of the Treasury

 EDUCATION:                    J.D. Univ. of Texas School of Law

 DOB:                          February 11, 1921

       Senator Lloyd Bentsen is Chairman of the Senate Finance
 Committee and the Joint Committee on Taxation.  He is also a member
 of the Senate Commerce, Science and Transportation Committee and the
 Joint Economic Committee.  He was first elected to the Senate in
 1970.  In 1988, Senator Bentsen was the Democratic Party nominee for
 Vice President of the United States.

       Prior to his election to the Senate, Mr. Bentsen was a
 successful businessman in Houston for 16 years.  By 1970, he had
 become President of Lincoln Consolidated, a financial holding
 institution.  His business career followed several years of public
 service, first as County Judge of Hidalgo County and then as a Member
 of Congress.  In 1954, after three successive terms in Congress, he
 declined to seek reelection.

       Mr. Bentsen served in the U.S. Army during World War II.  He
 rose to the rank of Major as a B-24 pilot and Squadron Commander in
 Europe.  Bentsen was awarded the Distinguished Flying Cross and the
 Air Medal with three oak leaf clusters.  He was promoted to Colonel
 in the Air Force Reserve before completing his military service.

       Senator Bentsen is married to the former Beryl Ann Longino,
 known as B.A., of Lufkin, Texas.  The Bentsens have three grown
 children.

                                 -30-

                      STATEMENT OF ROGER C. ALTMAN
              DEPUTY SECRETARY OF THE TREASURY - DESIGNEE

      First, I want to thank President-elect Clinton for honoring me
 with this prospective appointment.  It will be a special privilege
 serving the President and the nation; and I hope to live up to it.  I
 believe that Bill Clinton brings a new vision and a new energy to
 this country, just when we need it.

      Second, I am particularly looking forward to working with
 Senator Bentsen.  He will be a strong and effective Secretary of the
 Treasury.  The overwhelmingly positive response to reports of his
 designation are testimony to that.  My job is to support him in every
 way possible, and I commit all my energies to it.

      Finally, the structural economic problems facing this country
 are deep-seated and won't be solved overnight.  Only a long term plan
 to increase investment and productivity, and improve our human
 capital, will turn us around.  That's what the President-elect has
 outlined, and our job is to put it into effect.  He has chosen an
 economic team which can do it.

                                      -30-

 NAME:                                    Roger C. Altman

 DEPUTY SECRETARY DESIGNEE FOR:           Department of the Treasury

 EDUCATION:                               B.A. Georgetown Univ. (1967)
                                          M.B.A. Univ. of Chicago

      Roger C. Altman is Vice Chairman for The Blackstone Group, a
 private merchant banking firm that specializes in international
 mergers and acquisitions, principal investing and investment
 management.

      Prior to joining Blackstone, Mr. Altman had been a Managing
 Director of Lehman Brothers.  Mr. Altman joined Lehman Brothers in
 1969 as an associate.  He became a general partner in 1974, the
 youngest to achieve the position in the Firm's post World War II
 history.  That same year, Institutional Investor named him one of the
 10 outstanding U.S. investment bankers under 40 years of age.  At the
 time of the mid-1984 sale of Lehman, Mr. Altman was a member of its
 seven- man Management Committee and of its Board of Directors.  He
 also was one of the three managing directors responsible for the
 Firm's investment banking activities.

      From 1977 to 1980, Mr. Altman served as Assistant Secretary of
 the Treasury for Domestic Finance.  As Assistant Secretary he was
 responsible for: federal finance, including the Treasury's borrowing
 programs; corporate finance, particularly the Chrysler financing
 program; municipal finance, including the New York City rescue; and
 financial institutions policy, mainly two major banking deregulation
 statutes.

      Mr. Altman also served as non-executive Chairman of the Public
 Development Corporation of New York from 1985 through 1989.  This is
 the primary economic development agency for New York City.  During
 the 1985/1986 academic year, Mr. Altman also served, on a part time
 basis, as a Donald C. Dayton Distinguished Faculty Fellow at the Yale
 School of Organization and Management.  He taught an original course,
 entitled "Washington as Financier," to second year graduate
 students.  Since 1990, he has been serving as co-chairman of Mayor's
 Management Advisory Task Force.  This group consists of several chief
 executives, the municipal labor leaders, and the four  senior City
 officials.  Its mission is to assist in the "downsizing" of City
 government.

      Mr. Altman is a Director of the Children's Television Workshop,
 Inc., the Johns Hopkins School for Advanced International Studies,
 the Franklin D. Roosevelt Library and the Citizens Budget
 Commission.  He also is a member of the Council on Foreign Relations
 and is Chairman of the Cities in School Program for New York City.

      Born in 1945, Mr. Altman was raised in Boston.    He lives in
 Manhattan with his wife Jurate Kazickas, a documentary filmmaker, and
 their three young children.

 DEPARTMENT TITLE:               Office of Management and Budget

 DIRECTOR DESIGNEE:              Representative Leon E. Panetta (D-CA)

 DEPUTY DIRECTOR DESIGNEE:       Alice M. Rivlin

       Responsible for preparing the national budget and serving as a
 clearinghouse for congressional spending proposals, the Office of
 Management and Budget is an advisory body that works to keep
 government spending in line with the President's plan.

 Among the functions of the OMB:

 Preparing the national budget;
 Supervising and controlling the administration of the budget;
 Ensuring government policies are implemented efficiently and
 economically;
 Assisting the President in proposing legislation;
 Developing regulatory reform;
 Assisting in the preparation of executive orders;
 Planning and developing information systems;
 Ensuring programs are meeting their objectives;
 Keeping the President informed of the overall activities of
 government.

      Through advisory reports, the OMB keeps the President up-to-date
 on how well government programs are serving their purpose and staying
 within allowed costs.  The strength behind the office's
 recommendations is its authority to increase or decrease the budgets
 of other executive departments.  The OMB is headed by a Director, who
 is appointed by the President with Senate approval.

      The Office of Management and Budget came into its own in 1939,
 when the former Bureau of the Budget was transferred from the
 Department of the Treasury to the Executive Office of the President.
 The office was originally inspired by the British practice of
 collecting, collating and correlating the spending plans of the
 United States government.

 (Source: The Presidential-Congressional Political Dictionary)

                                   -30-30-30-

              STATEMENT OF REPRESENTATIVE LEON E. PANETTA
        DIRECTOR OF THE OFFICE OF MANAGEMENT AND BUDGET-DESIGNEE

       Bill Clinton was elected in November with a strong mandate from
 the American people to strengthen our nation's economy for the future
 and provide a better life for our children and grandchildren.  I am
 proud and honored that he has asked me to help him fulfill that
 mandate.  I look forward to working with him and the rest of his
 outstanding economic team in meeting this great and important
 challenge.

      We need, and President-elect Clinton is planning, a bold and
 comprehensive economic plan for this nation.  That will not be easy.
 While there is a renewed sense of hope and confidence in the future,
 there remain some deep and fundamental problems in the economy:
 budget deficits that rob our private and public resources; inadequate
 growth, jobs, and investment; and weak productivity and
 competitiveness.  It will be the responsibility of every American to
 face up to these problems and restore our future.

      This new President and the new Congress have an unprecedented
 opportunity to help bring about the changes that are needed.  I am
 proud to be a part of that effort and, like the American people,
 anxious to begin.

                                      -30-

 NAME:                           Representative Leon E. Panetta

 DIRECTOR DESIGNEE FOR:          Office of Management and Budget

 EDUCATION:                      B.A. Univ. of Santa Clara (1960)
                                          magna cum laude
                                 J.D. Univ. of Santa Clara Law School

 DOB:                             June 28, 1938

      Representative Leon Panetta is Chairman of the House Budget
 Committee.  He was elected to the U.S. House of Representatives from
 California's 16th (now 17th) Congressional District in 1976; elected
 in 1992 to ninth term; Chairman, House Budget Committee,
 1989-present, member, House Budget Committee, 1979-84; member,
 Agriculture Committee, House Administration Committee, Select
 Committee on Hunger; former Chairman, Subcommittee on Domestic
 Marketing, Consumer Relations, and Nutrition, Subcommittee on
 Personnel and Police; former Vice Chairman, Caucus of Vietnam-Era
 Veterans in Congress; former member, President's commission on
 Foreign Language and International Studies.

      Author of measures to reduce domestic hunger, including the
 Hunger Prevention Act of 1988 (P.L. 100-435); author of Fair
 Employment Practices Resolution, extending civil rights protections
 to House employees for first time; author of numerous successful
 measures to protect environmentally sensitive California coastal
 areas from offshore oil and gas drilling; author of successful
 measure to create National Marine Sanctuary at Monterey Bay; key
 participant in 1990 Budget Summit; author of legislation which
 established  Medicare and Medicaid reimbursement of hospice care for
 the terminally ill.

      Legislative Assistant to U.S. Senate Minority Whip Thomas H.
 Kuchel, CA, 1966-69; special assistant to Secretary of U.S.
 Department of Health, Education and Welfare, 1969; Director of the
 U.S. Office for Civil Rights, 1969-70; Executive Assistant to the
 Mayor of New York City, 1970-71; attorney, law firm of Panetta,
 Thompson & Panatta, 1971-76.

      Served as 1st Lieutenant in the U.S. Army, 1964-66, received
 Army Commendation Medal.

      Married to the former Sylvia Marie Varni; three sons:
 Christopher (29), Carmelo (28), and James (23).

                                 -30-

                      STATEMENT OF ALICE M. RIVLIN
   DEPUTY DIRECTOR OF THE OFFICE OF MANAGEMENT AND BUDGET - DESIGNEE

      I believe the Clinton Administration, working with the Congress
 and with state and local governments, has an enormous  opportunity to
 brighten America's long run economic future.  Reinvigorating the
 economy requires strategic investment, both  public and private, in
 skills and technology.  It requires increasing the efficiency of
 government, using the taxpayer's money wisely and carefully, and
 getting the huge federal deficit firmly on a downward track. None of
 this will be easy.

      This is a strong, experienced economic team and I am proud to be
 on it.  I have known and admired Leon Panetta since 1969.  I enjoyed
 working with him on Capitol Hill.  I look forward to working with him
 at the Office of Management and Budget.

                                   -30-30-30-

 NAME:                           Alice M. Rivlin

 DEPUTY DIRECTOR DESIGNEE FOR:   Office of Management and Budget

 EDUCATION:                      Bryn Mawr College (1952)
                                 Ph.D Econ., Radcliffe College  (1958)

      Alice M. Rivlin is Hirst Professor of Pubic Policy at George
 Mason University and a Senior Fellow in Economic Studies at The
 Brookings Institution (on leave).

      Ms. Rivlin was the founding Director of the Congressional Budget
 Office and served in that post from 1975 to 1983.  She was Director
 of the Economic Studies Program at the Brookings Institution
 (1983-1987) and also served as Assistant Secretary for Planning and
 Evaluation in the U.S. Department of Health, Education and Welfare.

      Ms. Rivlin's most recent book, Reviving the American Dream: The
 Economy, the States, and the Federal Government, was published by the
 Brookings Institution in 1992.  She is also the author of systematic
 Thinking for Social Action (1971), and The Role of the Federal
 Government in Financing Higher Education, (1961); and coauthor of
 numerous Brookings books including Economic Choices:  1984, Economic
 Choices: 1987, The Swedish Economy (1987) and Caring for the Disabled
 elderly:  Who Will Pay? (1988).  Ms. Rivlin writes a regular column
 for the Los Angeles Times and is a frequent contributor to other
 newspapers, magazines, and journals.

      Ms. Rivlin has been President of the American Economic
 Association and chaired the Commission on Budget and Financial
 Priorities of the District of Columbia.  She is a Director of the
 Unisys Corporation, the Union Carbide Corporation, TJ International,
 the Eugene and Agnes E. Meyer Foundation, the D.C. Service Corps, and
 a member of the Governing Council of the Wilderness Society.  She
 receive a MacArthur Foundation Prize Fellowship (1983-88) and has
 been a Visiting Professor at the Kennedy School of Government at
 Harvard University.

      Born in Philadelphia in 1931, Ms. Rivlin grew up in Bloomington,
 Indiana.  She is married to Sidney G. Winter and has three grown
 children and two grandchildren.

                                      -30-

 NAME:                         Robert E. Rubin

 ADMINISTRATION POST:          Chairman, National Economic Council

 EDUCATION:                    A.B. Harvard College (1960)
                               London School of Economics (1961)
                               L.L.B. Yale Law School

      Mr. Rubin is a Co-Senior Partner and Co-Chairman of Goldman
 Sachs & Co. of New York, where he has worked in various capacities
 since 1966.  Prior to joining Goldman Sachs & Co., he was an attorney
 for Cleary, Gottlieb, Steen & Hamilton of New York from 1964- 1966.

      Among his many activities are included: Partner and Member of
 the Board of Directors for the New York City Partnership, Inc.;
 Member of the Securities and Exchange Commission, Market Oversight
 and Financial Services Advisory Committee; Member, Board of
 Directors, New York Stock Exchange, Inc.; Member, Board of Trustees,
 Carnegie Corporation of New York; Member, Board of Directors, Harvard
 Management Co., Inc.; Member, Mayor's Council of Economic Advisors
 (New York City); Member, Governor's Council on Fiscal and Economic
 Priorities; Federal Reserve Bank of NY International Capital Markets
 Advisory Committee (ICMAC).

      Mr. Rubin was born in 1938 in New York City.  He is married to
 Judith Oxenberg Rubin, who is the Commissioner of Protocol for the
 City of New York.  They have two children, James and Philip.

                                 -30-

                     STATEMENT OF ROBERT E. RUBIN

      I have long felt that unless the country faces its economic
 problems, it would run the serious risk of experiencing
 unsatisfactory economic conditions into the indefinite future.

      I felt from the very beginning of the Presidential campaign that
 Governor Clinton's agenda represented an effective response to those
 problems, and I appreciate the confidence the Governor has expressed
 in asking me to join the team to help implement that agenda.

      I have had a long career at an outstanding financial institution
 and leaving that institution and its people has been exceedingly
 difficult personally for me.  However, I really believe that this
 country is at an historical crossroads with respect to its economy
 and I look forward to contributing to the team effort to achieving
 satisfactory long term economic conditions.

      The creation of a National Economic Council and the position of
 Assistant to the President for Economic Policy, like the National
 Security apparatus, is designed to demonstrate the commitment to
 focusing on economic issues in The White House and to facilitate more
 effective development and implementation of economic policy with
 regard to both domestic and international issues.  Establishing and
 instituting these mechanisms for better economic policy is a major
 challenge and I look forward to working with the rest of the economic
 team to meet this challenge.

                                 -30-

                              End of post.



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