    [Public Papers of the Presidents of the United States: William J. Clinton (1993, Book I)]
    [May 14, 1993]
    [Page 671]
    [From the U.S. Government Publishing Office www.gpo.gov]

    Nomination for an Assistant Secretary of the Treasury
    May 14, 1993

        The President will nominate Richard Carnell, the senior counsel of
    the Senate Banking Committee and former attorney for the Federal Reserve
    Board, to be Assistant Secretary of the Treasury for Financial
    Institutions.
        ``Richard Carnell has been consistently recognized for his expertise
    in banking law and his ability to help shape policy decisions,'' said
    the President. ``I look forward to him playing a key role in shaping
    banking policy in the next 4 years.''

    Note: A biography of the nominee was made available by the Office of the
    Press Secretary.