Rep. Henry B. Gonzalez, D-Tex., recommended the banking commissioner from his home state, Catherine A. Ghiglieri, for chairman of the Federal Deposit Insurance Corp. in a letter to President Clinton on Wednesday.

"Under Ms. Ghiglieri's stewardship, the Texas Banking Department has been a model for other states," wrote the House Banking Committee's ranking minority member.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.