THE WHITE HOUSE
Office of the Press Secretary
PRESIDENT CLINTON NAMES JOHN D. HAWKE, JR. AS COMPTROLLER OF THE CURRENCY AT THE DEPARTMENT OF THE TREASURY
The President today announced the recess appointment of John D. Hawke, Jr. to serve as Comptroller of the Currency at the Department of the Treasury. Mr. Hawke was nominated on July 11, 1998. The President intends to resubmit his nomination when the 106th Congress convenes.
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 as a member of the board of the Federal Deposit Insurance Council (FDIC), a member of the Federal Financial Institutions Examination Council (FFIEC), and a member of the board of the Neighborhood Reinvestment Corporation (NRC). The Comptroller of the Currency plays a key role in maintaining financial market stability.