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THE WHITE HOUSE

                       Office of the Press Secretary
                           (Copenhagen, Denmark)
______________________________________________________________________
For Immediate Release                                    July 11, 1997

                           PRESIDENT CLINTON NAMES 
                          TIMOTHY F. GEITHNER TO BE
                           ASSISTANT SECRETARY FOR 
                        INTERNATIONAL AFFAIRS AT THE 
                      U.S. DEPARTMENT OF THE TREASURY

President Clinton today announced his intent to nominate Timothy F. Geithner to be Assistant Secretary for International Affairs at the Department of the Treasury.

Mr. Geithner of New York, serves as the Senior Deputy Assistant Secretary for International Affairs. Prior to serving in that position, he served as the Deputy Assistant Secretary for International Monetary and Financial Policy. Mr. Geithner has been an employee of the Department of the Treasury for nine years. He received a B.A. in Government and Asian studies from Dartmouth College in 1983, and an M.A. in International Economics and East Asian Studies from Johns Hopkins University in 1985.

The Assistant Secretary for International Affairs advises and assists the Secretary, Deputy Secretary and the Under Secretary for International Affairs in the formulation and implementation of U. S. international economic policy. Specifically, this office formulates, evaluates and implements Departmental policy concerning international economics.

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