Nomination of R. T. McNamar To Be Deputy Secretary of the Treasury

The President announced today the nomination of R. T. McNamar as Deputy Secretary of the Treasury.

Mr. McNamar has been executive vice president of Beneficial Standard Corp. since 1977.

From 1973 to 1977, Mr. McNamar was Executive Director of the Federal Trade Commission, exercising executive and administrative supervision over all offices and bureaus.

Mr. McNamar was an internal management consultant to the Cost of Living Council from February 1973 to November 1973. From 1972 to 1973, he served as Director of the Office of Case Management and Analysis to the Pay Board. Previously, from 1966 to 1972, he was a management consultant with McKinsey & Company, Inc., located in San Francisco, Calif.

Mr. McNamar is a member of the American Bar Association and the California State Bar. He has authored several articles on economics. He is married to the former Mary Ann Lyons, and they have two children.