[Weekly Compilation of Presidential Documents Volume 34, Number 1 (Monday, January 5, 1998)]
[Page 3]
[Online from the Government Publishing Office, www.gpo.gov]

<R04>
Statement on the Presidential Legal Expense Trust

December 30, 1997

    Hillary and I want to thank the thousands of people who contributed 
so generously to the Presidential Legal Expense Trust. We also want to 
thank Michael Cardozo, the executive director of the Trust, the 
cochairs, Father Theodore Hesburgh and Nicholas Katzenbach, and the 
other trustees, John Brademas, Ronald Olson, Eliot Richardson, Michael 
Sovern, John Whitehead, and Barbara Jordan, who served until her death 
in 1996. Hillary and I are immensely grateful for their assistance.
    In light of the trustees' decision to dissolve the Trust, we have 
asked the Counsel's office to advise us concerning the ethical and legal 
requirements that would govern any future efforts to address both the 
substantial legal fees already accumulated and those that will be 
generated by the need for ongoing representation.