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...choice for Treasury Secretary, Texas Senator Lloyd Bentsen, 71, is a business-friendly millionaire who chairs the powerful Finance Committee. California Congressman Leon Panetta, 54, named as Clinton's Budget Director, commands high regard from his peers for his work as chairman of the House Budget Committee. Bentsen's deputy will be Roger Altman, 47, who served at Treasury under President Carter. Altman, an investment banker like Rubin, knows financiers from New York to Tokyo...
Bentsen, 71 and chairman of the Senate Finance Committee, was the capstone as Treasury Secretary. Accenting his desire to work with Congress, Clinton tapped Leon Panetta, who chairs the House Budget Committee, as OMB director. Wall Street was represented by Robert Rubin as the head of the new National Economic Council in the White House, and Roger Altman, a Clinton college classmate, as Bentsen's deputy. Alice Rivlin, former director of the Congressional Budget Office, will be Panetta's deputy. The solid choices signaled Clinton's concern with the deficit and need to reassure business...
CONTRIBUTORS: Robert Ajemian, Kurt Andersen, Bonnie Angelo, Laurence I. Barrett, Jesse Birnbaum, Jay Cocks, Mary Cronin, Barbara Ehrenreich, John Elson, Otto Friedrich, Hays Gorey, Pico Iyer, Edward L. Jamieson (Consulting Editor), Leon Jaroff, Stefan Kanfer, Michael Kinsley, Charles Krauthammer, Dennis Overbye, Edwin M. Reingold, Richard Schickel, R.Z. Sheppard, John Skow, Martha Smilgis, Richard Stengel, George M. Taber, Andrew Tobias...
Many analysts predicted Reich would receive a top economic post, but when Bentsen was named Treasury Secretary and Rep. Leon Panetta (D-Calif.) named budget director yesterday, speculation about Reich widened...
...first round of appointments tohigh-level government positions, Clinton alsonamed Senate Finance Committee Chair Lloyd Bentsen(D-Tex.) as Treasury Secretary, and House BudgetCommittee Chair Leon E. Panetta (D-Calif.) asbudget director...