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Nomination for Resolution Trust Corporation Chief Executive Officer

July 13, 1993

The President announced today that he will nominate Florida businessman Stanley Tate to be the Chief Executive Officer of the Resolution Trust Corporation.

"Under the leadership of Deputy Treasury Secretary Roger Altman we have instituted a program of reforming RTC's operations that is already beginning to take hold," said the President. "With his deep understanding of real estate markets and abiding commitment to public service, Stanley Tare will continue that process of saving the taxpayers money."

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

William J. Clinton, Nomination for Resolution Trust Corporation Chief Executive Officer Online by Gerhard Peters and John T. Woolley, The American Presidency Project https://www.presidency.ucsb.edu/node/219729

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