Nomination of Olin L. Wethington To Be Deputy Under Secretary of the Treasury

The President today announced his intention to nominate Olin L. Wethington, of Virginia, to be Deputy Under Secretary of the Treasury for International Affairs. He would succeed Charles H. Dallara. Upon appointment, Mr. Wethington shall be designated as an Assistant Secretary of the Treasury and a member of the Board of Directors of the Overseas Private Investment Corporation. He would succeed Charles H. Dallara.

Since 1990, Mr. Wethington has served as Special Assistant to the President and Executive Secretary to the Economic Policy Council at the White House in Washington, DC. Prior to this he served as a partner with the law firm of Steptoe and Johnson in Washington, DC, 1985 - 1990; a Deputy Under Secretary for International Trade at the Department of Commerce, 1983 - 1985; and Director of the Planning and Evaluation staff for the International Trade Administration at the Department of Commerce, 1982. In addition Mr. Wethington served as an Executive Assistant to the Under Secretary for International Trade at the Department of Commerce, 1981 - 1982; an attorney with the law firm of Steptoe and Johnson, 1977 - 1981; and an adjunct professor of law at Georgetown University Law Center, 1980 - 1981.

Mr. Wethington graduated from the University of Pennsylvania (B.A., 1971, and M.A., 1971); Columbia University (Ph.D., 1974); and Harvard Law School (J.D., 1977). He was born on November 17, 1948, in Durham, NC. Mr. Wethington is married, has three children, and resides in McLean, VA.