Robert L. Clarke

Robert L. Clarke (born 29 June 1942) was Comptroller of the Currency of the United States[1] from 1985 to 1992. He was born in Tulsa, Oklahoma.[2]

Robert L. Clarke
Portrait of Robert L. Clarke
Comptroller of the Currency
In office
1985–1992
PresidentRonald W. Reagan
George H.W. Bush
Preceded byC. T. Conover
Succeeded byEugene Ludwig
Personal details
Born (1942-06-29) 29 June 1942
Tulsa, Oklahoma
NationalityAmerican
OccupationAttorney

Robert L. Clarke, a Texas banking attorney, was named Comptroller by President Ronald Reagan. His tenure coincided with an era of extraordinary turbulence in financial institutions and the financial marketplace in the United States.

Under Clarke, the agency strengthened its managerial and supervisory capabilities to deal with changes and stresses in the national banking system. Clarke led the effort to expand the national bank powers in order to better meet the competition from non-bank providers of financial services. His leadership helped to reduce the costs of bank failures and to restore the safety and soundness of the national banking system. He returned to the practice of law after his term as Comptroller.

References

  1. "Clarke's Tenure as Comptroller of the Currency Is Threatened". The New York Times. 27 September 1991. Retrieved 4 August 2011.
  2. The Martindale-Hubbell Law Directory. Martindale-Hubbell Law Directory, Incorporated. 1998.
Government offices
Preceded by
C. T. Conover
Comptroller of the Currency
1985–1992
Succeeded by
Eugene Ludwig


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.