Robert L. Clarke
Encyclopedia
Robert L. Clarke was Comptroller of the Currency of the United States from 1985 to 1992.
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 nonbank 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.
Robert L. Clarke, a Texas
Texas
Texas is the second largest U.S. state by both area and population, and the largest state by area in the contiguous United States.The name, based on the Caddo word "Tejas" meaning "friends" or "allies", was applied by the Spanish to the Caddo themselves and to the region of their settlement in...
banking attorney, was named Comptroller by President Ronald Reagan
Ronald Reagan
Ronald Wilson Reagan was the 40th President of the United States , the 33rd Governor of California and, prior to that, a radio, film and television actor....
. 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 nonbank 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.