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Time - Man of the Year
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1993-04-08
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THE WEEK, Page 17NATIONTrotting Out the Team
Lloyd Bentsen is said to be Clinton's first choice for Treasury
chief
A Yuletide flurry of cherry statistics has done nothing to
shake Bill Clinton's focus on the U.S. economy as his top
priority. The President-elect's first major appointments,
expected this week, will be his economic team. Clinton's choice
for Treasury Secretary, aides say, is Lloyd Bentsen, the Senate
Finance Committee chairman. The senior Senator from Texas, who
was nominated for Vice President in 1988, is seen as having the
stature and experience to steer Clinton's economic plan through
Congress. Investment banker Roger Altman, a Treasury official in
the Carter Administration, is said to be the leading contender
for deputy secretary.
Top spot in the new Economic Security Council is likely to
go to investment banker Robert Rubin or Harvard lecturer and
transition-team adviser Robert Reich, who is also a candidate
for head of the Council of Economic Advisers. Clinton wants to
get the team in place before the economic retreat scheduled for
Dec. 14-15 in Little Rock.