Nomination of William P. Albrecht To Be a Commissioner of the Commodity Futures Trading Commission

The President today announced his intention to nominate William P. Albrecht to be a Commissioner of the Commodity Futures Trading Commission for the term expiring April 13, 1993. He would succeed William E. Scale.

Since 1987, Dr. Albrecht has been associate dean for external programs with the college of business administration at the University of Iowa in Iowa City, IA, and acting associate dean for external programs, 1986-1987. From 1984 to 1987, Dr. Albrecht was associate dean for undergraduate programs at the University of Iowa.

Dr. Albrecht graduated from Princeton University (A.B., 1956); University of South Carolina (M.A., 1962); and Yale University (M.A., 1963; Ph.D., 1965). He was born January 7, 1935, in Pittsburgh, PA. He served in the U.S. Navy, 1956-1961. Dr. Albrecht is married, has four children, and resides in Solon, IA.