OMB Director Transition
Before departing for Houston, President Clinton held a brief news conference to announce a change in the administration. He announced that F… read more
Before departing for Houston, President Clinton held a brief news conference to announce a change in the administration. He announced that Franklin Raines is resigning as Director of the Office of Management and Budget to become the chairman and chief executive officer of the Federal National Mortgage Association and that the deputy director, Jack Lew, is succeeding him. Raines and Lew also made brief remarks. close
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