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THE WHITE HOUSE

Office of the Press Secretary

For Immediate Release January 3, 2001

PRESIDENT CLINTON NAMES LARAMIE FAITH MCNAMARA AS A MEMBER OF THE

FOREIGN CLAIMS SETTLEMENT COMMISSION

President Clinton today announced the recess appointment of Laramie Faith McNamara to serve as a member of the Foreign Claims Settlement Commission. Ms. McNamara was nominated on November 10, 1999.

Ms. Laramie McNamara, of McLean, Virginia, is a public policy consultant specializing in the impact of technology development and security on global institutions and relationships. From 1994 to 1995 she was Senior Vice President for National and International Relations for Bank of America. From 1980 to 1994, she directed federal government relations at TRW Inc., a diversified company with a base in advanced technology. She has served as an officer and a member of the board of the Electronic Industries Association, as well as a member of the board of its Electronics Industry Foundation. Ms. McNamara is a former member of the Industry Executive Subcommittee of the President's National Security Telecommunications Advisory Committee, and chaired its task force on the National Information Infrastructure. She has chaired the joint private-public sector Tax Coalition, and is past Chairman and Member of the Board of The Green Door, a non-profit, self-help organization for the mentally ill.

Ms. McNamara was raised and educated in Europe and South America, and received a B.A. from Niagara University and an M.A. from Boston College.

The Foreign Claims Settlement Commission of the United States is an independent agency within the Department of Justice. It adjudicates the property and personal claims of United States citizens against foreign governments after the foreign government in question has reached a settlement agreement with the United States. The Commission also offers technical assistance to United States officials addressing foreign claims issues and to foreign governments seeking to establish similar adjudicating bodies of their own. The decisions of the Commission are final on all questions of fact and law and are not subject to review by any other official or agency of the United States.

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