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Daniel K. Tarullo, Assistant Secretary-Designate For Economic and Business Affairs
Statement before the Senate Foreign Relations committee, Washington, DC, June 28, 1993
Mr. Chairman, Members of the Committee, I am honored to M appear before you today as President Clinton's nominee to be Assistant Secretary of State for Economic and Business Affairs.
It is a particular honor and a substantial challenge to be nominated for this position at this time in our nation's history. With the end of the Cold War, we must reassess traditional assumptions about our foreign relations and recognize that our economic interests have become inseparable from our security interests. As President Clinton has said, "We are woven inextricably into the fabric of a global economy." We must reappraise the role and limitations of international economic institutions to ensure that American economic interests are fairly treated throughout the world. We must remind ourselves that, in today's global economy, the strength of America and the well-being of Americans depend upon our international …