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NOMINATION OF ROBERT A. PODESTA TO BE ASSIST-
ANT SECRETARY FOR ECONOMIC DEVELOPMENT
COMMITTEE ON PUBLIC WORKS
UNITED STATES SENATE
THE NOMINATION OF ROBERT A. PODESTA TO BE ASSISTANT
MARCH 4, 1969
Serial No. 91-6
Printed for the use of the Committee on Public Works
UNIVERSITY OF CALIFORNIA
U.S. GOVERNMENT PRINTING OFFICE
WASHINGTON : 1969
JENNINGS RANDOLPH, West Virginia, Chairman
JOHN SHERMAN COOPER, Kentucky
J. CALEB BOGGS, Delaware
ROBERT DOLE , Kansas
EDWARD J. GURNEY, Florida
ROBERT W. PACKWOOD, Oregon
RICHARD B. Royce, Chief Clerk and Staff Director
M. BARRY MEYER, Counsel
NOMINATION OF ROBERT A. PODESTA TO BE ASSISTANT SECRETARY FOR ECONOMIC DEVELOPMENT
TUESDAY, MARCH 4, 1969
, Boggs, Baker, and Dole. Also present: Richard B. Royce, chief clerk and staff director; J. Barry Weyer, counsel; Bailey Guard, assistant chief clerk (minority) ; ånd Stewart E. McClure, professional staff member. The CHAIRMAN. Good morning, ladies and gentlemen. The Senate Public Works Committee meets today to conduct a confirmation hearing on the appointment of Robert A. Podesta, from the State of Illinois, who has been nominated by President Richard Viron to be Assistant Secretary of Commerce.
I am sure that all members of our committee are grateful that our beloved friend, the distinguished minority leader of the Senate, the Honorable Everett Dirksen, is here to present Mr. Podesta. só, Senator Dirksen, if you will proceed as you care, to present Mr. Podest 3, we would be delighted to have you introduce him.
STATEMENT OF HON. EVERETT DIRKSEN, A U.S. SENATOR FROM
THE STATE OF ILLINIOS
Senator Dirksen. Mr. Chairman, at the risk of taking liberties with the procedure, let me present Mrs. Podesta, because she is part
of the team.
If Senator Percy is not here, then I should say that this presentation is made on behalf of myself and Senator Percy.
I shall not weary the committee with a long narrative tale about Bub Podesta. I can only say that he came up as a youngster on LaSalle Street
, which is our equivalent out there of Wall Street, and gradually went to the top. He was a candidate for Congress in 1968 in a very dificult district and the fact that he did not succeed in November should not mitigate against him.
He is a very able citizen and is recognized as such in the entire community. I have heard no words of degradation of Bob Podesta. He has been eminently successful in business, particularly in the investment and securities field. He has a fine, capable, penetrating mund and he is a man of real perception. All of this, I think, is stated in the fact sheet that is before you.