WASHINGTON - President Clinton has renominated Andrew C. Hove Jr. as vice chairman of the Federal Deposit Insurance Corp., and the named Banc One vice president Anne L. Hall to a vacancy created by the death of C.C. Hope.
Mr. Clinton made the nominations last week just before the Thanksgiving holiday. He nominated Washington attorney Ricki Tigert to be chairwoman on Nov. 17.
If the nominations are approved, as expected, it will be the first time in 15 months that the FDIC has had its full five members.
Senate approval of the three nominations is not expected until at least February. Congress adjourned last week until late January.
Merger of Regulators
The two other seats on the FDIC board are held by the comptroller of the currency, Eugene A. Ludwig, and the acting director of the Office of Thrift Supervision, Jonathan L. Fiechter.
The White House doesn't have to appoint Mr. Fiechter, a career regulator, as OTS chief. It's thought that the White House will keep Mr. Fiechter in his acting capacity while it seeks to combine the FDIC, OTS, OCC, and Federal Reserve into a single bank regulatory agency. No more than three members of the FDIC board can be from the same political party. Ms. Tigert and Mr. Ludwig are both Democrats. Mr. Fiechter's political affiliation is unknown. Mr. Hove and Ms. Hall are Republicans.
Mr. Hove, 59, came to the FDIC in 1990 as vice chairman after a banking career in Minden, Neb. He became chairman in August 1992 when William Taylor died unexpectedly. His new term will run six years.
Ms. Hall, who has worked at Columbus-based Banc One Corp. since 1984, oversees the company's government, community, and philanthropic relations. She also heads up the bank's special events, which includes everything from dinner for two at Banc One chairman John B. McCoy's home to a party for 4,000 employees who helped produce record earnings.
Ms. Hall reports directly to Mr. McCoy, who in the 1970s gave her first job in banking.
Ms. Hall, 40, said in an interview Monday that she is eager to try life as a regulator.
"I am looking forward to the opportunity to see how the other half of this industry lives," said Ms. Hall, whose first name Anne is pronounced "Annie."
Ms. Hall attended Ohio State University but left after her junior year to work on a political campaign. Before joining Banc One, Ms. Hall worked in Dallas for five years as a vice president at Warner Amex Cable Television.
She may be a a Republican, but Ms. Hall has strong ties to the Democratic Party. Her father, Thomas A. Luken, was a Democratic congressman from Ohio from 1974 to 1988. Her brother, Charles Luken, also a Democrat, was mayor of Cincinnati and then elected to Congress in 1990. He resigned this year.