[Congressional Record Volume 143, Number 82 (Thursday, June 12, 1997)]
[Senate]
[Page S5646]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]



             STATEMENT ON THE NOMINATION OF JAMES A. HARMON

  Mr. MOYNIHAN. Mr. President, I am pleased to rise today in support of 
the nomination of James Harmon as President and Chairman of the Export-
Import Bank of the United States.
  Mr. Harmon is a life-long resident of New York State. After he was 
born in New York City, his family moved to Mamaroneck where he was 
raised. After graduating from Brown University and then receiving his 
M.B.A. in finance from the Wharton Graduate School at the University of 
Pennsylvania, he returned to New York to launch his professional 
career.
  Currently, Mr. Harmon serves as senior chairman of Schroder Wertheim 
& Co., Inc., an international investment bank headquartered in New York 
City. Prior to his assumption of the senior chairmanship in 1996, Mr. 
Harmon was the chairman and chief executive officer of Schroder 
Wertheim where he oversaw the expansion of the firm's domestic and 
international investment banking activities. The merger of Schroder ple 
[UK] and Wertheim in 1985, initiated by Mr. Harmon, created a global 
investment bank with approximately 5,000 employees operating in 33 
countries around the world. In addition, to his work at Schroder 
Wertheim, the finance background which Mr. Harmon would bring to the 
Export-Import Bank was honed during his tenure as a member of the 
Advisory Committee on International Capital Markets and former chairman 
of the nominating committee of the Board of Governors of the New York 
Stock Exchange, Inc.
  Mr. Harmon's influence in New York City extends beyond banking. In 
1994, along with former New York City Mayor David Dinkins, he founded 
the Barnard-Columbia University Center for Public Policy where he still 
serves as chairman of its advisory board. Mr. Harmon is also a member 
of the executive committee and board of directors of the New York City 
Partnership, the principal vehicle for private-sector activities which 
improve the city's economic and social health.
  I congratulate the distinguished nominee and wish him great good 
wishes and congratulations. I thank the President for bringing Mr. 
Harmon's nomination forward.

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