WASHINGTON -- President-elect Bill Clinton formally announced his choices yesterday to fill the top economic policy positions in his new administration, offering a team that combines Capitol Hill veterans with Wall Street professionals.

As expected, Clinton named Senate Finance Committee Chairman Lloyd Bentsen, D-Tex., to be Treasury secretary. The 71-year-old legislator, with his wide experience in tax and budget legislation in the Senate, is expected to be a forceful salesman of Clinton's economic programs in the next Congress.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

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