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Deputy Treasury Secretary Roger Altman told a Senate Banking panel that he had committed no legal or ethical violations during contacts with the White House over the Whitewater affair. He nonetheless apologized for potentially misleading testimony given at an earlier hearing. During intense grilling by committee members, Altman pointed out that three independent investigations had discovered no interference by Clinton Administration officials in the case of the failed Madison Guaranty Savings & Loan. Earlier in the day, Treasury Secretary Lloyd Bentsen's chief of staff, Joshua Steiner, tried to dismiss the accuracy of entries in his diary, in which...
Deputy Treasury Secretary Roger Altman, to whom Hanson's memo was addressed, could land in more trouble too. He has admitted that he gave White House officials a "heads up" briefing on the RTC probe in February, but at first did not acknowledge knowing of any earlier meetings. Even before her Sept. 30 memo turned up, however, Hanson reportedly told investigators that Altman not only knew about similar meetings in September and October 1993 but actually ordered them. Those reports have touched off rumors that Altman, once thought likely to succeed Bentsen at Treasury, is considering resigning. Sources close...
Testimony in front of the Senate committee investigating the Whitewater affair revealed the most damning evidence to date. Jean Hanson, Treasury Department general counsel, said that her boss, the beleaguered Roger Altman, told her to give the White House information on the Madison Guaranty investigation. Earlier in the day, an official of the Resolution Trust Corporation (RTC) acknowledged that information was given to the Clinton Administration, but that he had no idea the material, regarding the failed Arkansas S&L, would be passed on to the White House. "It was supposed to be confidential . . . and the RTC breached that responsibility...
Back in March, TIME and other news organizations reported that Stephanopoulos on Feb. 25 separately phoned Treasury chief of staff Josh Steiner and Deputy Treasury Secretary Roger Altman (then acting head of the RTC) to inquire angrily about the appointment of former Republican U.S. Attorney Jay Stephens -- a harsh Clinton critic -- to assist in the RTC investigation of Madison Guaranty, a failed Arkansas savings and loan whose proprietor had been a Clinton business partner and fund raiser. Officials familiar with those calls told investigators that Stephanopoulos asked whether Stephens could be dismissed. Stephanopoulos later explained that he was "just blowing...
Even The Crimson's own council beat reporter recognized this fact before the meeting of May 15, when Altman and Heller claim the council first set an attendance limit...