    [Public Papers of the Presidents of the United States: William J. Clinton (1993, Book II)]
    [September 23, 1993]
    [Page 1586]
    [From the U.S. Government Publishing Office www.gpo.gov]

    Nomination for United States Executive Director of the International
    Monetary Fund
    September 23, 1993

        The President announced today that he intends to nominate Columbia
    University professor Karen Lissakers to be the U.S. Executive Director
    of the International Monetary Fund. The Executive Director represents
    the United States on the 24-member board of executive directors, which
    sets policy for the IMF.
        ``As the largest shareholder in the IMF, the United States has a
    special responsibility for its operations,'' said the President. ``Karen
    Lissakers has proven that she is up to the task of representing our
    interests. I am confident that she will shine in this position.''

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