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THE WHITE HOUSE

                   Office of the Press Secretary
                      (Albuquerque, New Mexico)
________________________________________________________________________
For Immediate Release                                   February 3, 1998

STATEMENT BY THE PRESIDENT

I strongly support action to end the soft money raised by both political parties. That is why last year I asked the Federal Election Commission to ban soft money, under its current legal authority. I am very pleased that the agency's general counsel has proposed a new rule prohibiting national parties from raising soft money. Now I ask the members of the Commission to step up to their responsibility and act, within their legal authority, to end the soft money system.

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