
Officers
HONORARY COUNCIL OF ADVISORS
The USACC Honorary Council
of Advisors is comprised of individuals of high distinction. Council
members serve in advisory capacity.
Senator
Lloyd Bentsen was appointed the 69th Secretary of the
Treasury by President Clinton in January 1993 and served to December
1994, playing a pivotal role in the Administration’s successful
efforts to reduce the federal deficit and increase trade and economic
opportunity through NAFTA and GATT.
As Secretary,
he was a major policy adviser to the President and had primary responsibility
for formulating domestic and international financial, economic and
tax policy, managing public debt and overseeing Treasury’s substantial
law enforcement role.
Prior
to joining the President’s Cabinet, the Texas native was one of
the most powerful members of the U.S. Senate, where he served since
1971. He was Chairman of the Senate Finance Committee, which has
responsibility for tax and trade issues. He also served as Chairman
of the Joint Committee on Taxation and the Joint Economic Committee.
In 1988, he was the Democratic Party nominee for Vice President
of the United States.
Mr.
Bentsen began his public service career as a Texas county judge,
then served three terms in the U.S. House. In 1955 he began a 16-year
career as a Houston businessman, he was president of Lincoln Consolidated,
a financial holding institution.
Volunteering
for the Army after graduation from the University of Texas School
of Law in 1942, Mr. Bentsen served in an intelligence post and later
volunteered as a pilot. He flew 35 combat missions in Europe, winning
promotion to Major and Squadron Commander by age 24, and leaving
the service with the rank of Colonel in the Air Force Reserves.
He was awarded the Distinguished Flying Cross for aviation valor.
Mr.
Bentsen and his wife, B. A., have three children.
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