Nomination of M. Peter McPherson To Be Deputy Secretary of the Treasury

The President today announced his intention to nominate M. Peter McPherson, of Virginia, to be Deputy Secretary of the Treasury. He would succeed Richard G. Darman.

Mr. McPherson is currently Administrator, Agency for International Development. He served as Acting Counsel to the President (January 20-February 26, 1981) and was general counsel to the Reagan-Bush transition (November 5, 1980-January 20, 1981). Prior to that time, Mr. McPherson was a partner and head of the Washington office of the Ohio-based law firm of Vorys, Sater, Seymour and Pease (1977-1980). He served as Special Assistant to President Ford and Deputy Director of Presidential Personnel in the Ford White House (1975-1977). Mr. McPherson was a tax law specialist for the Internal Revenue Service (1969-1975) and served as a Peace Corps volunteer during the 1960's.

Mr. McPherson graduated from Michigan State University (B.A., 1963); Western Michigan University (M.B.A., 1967); and American University Law School (J.D., 1969). Mr. McPherson was born October 27, 1940, in Grand Rapids, MI. He has two children and resides in Arlington, VA.