    [Public Papers of the Presidents of the United States: William J. Clinton (1993, Book I)]
    [July 13, 1993]
    [Page 1073]
    [From the U.S. Government Publishing Office www.gpo.gov]

    Nomination for Resolution Trust Corporation Chief Executive Officer
    July 13, 1993

        The President announced today that he will nominate Florida
    businessman Stanley Tate to be the Chief Executive Officer of the
    Resolution Trust Corporation.
        ``Under the leadership of Deputy Treasury Secretary Roger Altman we
    have instituted a program of reforming RTC's operations that is already
    beginning to take hold,'' said the President. ``With his deep
    understanding of real estate markets and abiding commitment to public
    service, Stanley Tate will continue that process of saving the taxpayers
    money.''

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