Images (57)
दस्तावेज़
| id |
id
472249704
|
|---|---|
| contentType |
contentType
document
|
| source |
source
import
|
Source image fields (6)
Extracted text
OCR Page 1 of 57D'Ameto, Senta
See attache
alimari, Guy
March 12, 1995
MEMORANDUM FOR PAT CRIFFIN
FROM:
PAUL CAREY
OFFICE OF LEGISLATIVE AFFAIRS
SUBJECT: BANKING COMMITTEE NOMINEES
As we discussed last week, a situation has developed with
Senator D'Amato that I need to bring to your attention. By way of
background, the chairmanship of the New York Home Loan Bank Board
(NYHB) has been held for the past several years by Neil Levin of
Goldman Sachs who is a former D'Amato staffer. This is a part
time yet very influential position due to the patronage positions
it controls. Levin was a Bush appointee who we reappointed for
another year at the end of '93 both in deference to D'Amato and
because any appointment would have to be ratified by the Federal
Housing Finance Board (FHFB) where D'Amato controls enough votes
to at least tie and possibly beat any selection put up by us.
This situation may improve once Bruce Morrison and Tim O'Neill
are confirmed to the FHFB, though there is no guarantee that
O'Neill would vote with us, and it should be noted that they have
to be confirmed by the Senate Banking Committee.
Which brings me to my point Neil Levin has left the NYHB
to become Superintendent of Banking in the Pataki administration
and D'Amato wants us to name Guy Molinari (Staten Island Boro
President and father of Susan) to replace him. In the past two
weeks, I have been told by D'Amato, Mike Kinsella, and Howard
Menell that this appointment is the price of getting any of our
nominees who must go before the Senate Banking Committee (a
backlog that is growing daily). When D'Amato raised this with me;
I countered that I would convey the message, but that this was
such an extraordinary request, he would have to promise safe and
swift passage for all of our nominees, not just hearings and he
said that he would.
The backlog of nominees is quickly reaching a troubling
state. Martin Baily, who replace Blinder at the CEA, has not yet
been confirmed and with Laura Tyson moving over to NEC, that
Leaves them with only one confirmed member, Joe Stiglitz. In the
event Stiglitz is not named chair, he is expected to leave and
there will be no confirmed CEA members. In addition we have a
vacancy at Treasury that will be very important to Rubin (Under
Secretary for Domestic Finance, the position vacated by Newman
when he became Deputy Secretary) This position is confirmed by
Finance, but banking has a sequential referral. The President has
signed off on someone who is still being vetted.