May 14, 1993
The President will nominate Richard Carnell, the senior counsel of the Senate Banking Committee and former attorney for the Federal Reserve Board, to be Assistant Secretary of the Treasury for Financial Institutions.
"Richard Carnell has been consistently recognized for his expertise in banking law and his ability to help shape policy decisions," said the President. "I look forward to him playing a key role in shaping banking policy in the next 4 years."
NOTE: A biography of the nominee was made available by the Office of the Press Secretary.
William J. Clinton, Nomination for an Assistant Secretary of the Treasury Online by Gerhard Peters and John T. Woolley, The American Presidency Project https://www.presidency.ucsb.edu/node/219505