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THE WHITE HOUSE

Office of the Press Secretary

For Immediate Release July 16, 1998

               PRESIDENT CLINTON NAMES JOHN D. HAWKE, JR. 
                     AS COMPTROLLER OF THE CURRENCY 
                    AT THE DEPARTMENT OF THE TREASURY

The President today announced his intent to nominate John D. Hawke, Jr. to serve as Comptroller of the Currency at the Department of the Treasury.

Mr. John D. Hawke, Jr., of Washington, D.C., is currently the Under Secretary of the Treasury for Domestic Finance. Prior to joining the Treasury Department, Mr. Hawke was a Senior Partner at the Washington, D.C. law firm of Arnold and Porter, General Counsel to the Board of Governors of the Federal Reserve System, and an adjunct professor of law at the Georgetown University Law Center, where he taught federal regulation of banking.

Mr. Hawke received his B.A. from Yale University and his J.D. from Columbia University School of Law.

The Comptroller of the Currency is responsible for regulating and supervising the national banking system and the federally licensed branches and agencies of foreign banks doing business in the United States. The Comptroller also serves a member of the board of the Federal Deposit Insurance Corporation (FDIC), a member of the Federal Financial Institutions Examination Council (FFIEC), and a member of the board of the Neighborhood Reinvestment Corporation (NRC).

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