President Bush nominates Dam as Deputy Secretary of the Treasury

President Bush recently nominated Kenneth Dam, the Max Pam Professor in the Law School, to be Deputy Secretary of the Treasury.

Kenneth Dam, the Max Pam Professor in the Law School

Dam has been a member of the Law School faculty since 1960, where he has focused his scholarship on applying law and economics principles to national and international public policy issues. He is a recognized authority on international economics and has written extensively on this issue in his books and numerous articles. At the Department of the Treasury, Dam, who is a member of the board of directors of the Alcoa Corporation, will join former Alcoa chairman Paul O’Neill, who was appointed Treasury Secretary last month.

Dam previously served in Washington in the Office of Management and Budget from 1971 to 1973 and as Deputy Secretary of State from 1982 to 1985. He also served as vice president for law and external relations of the IBM Corporation from 1985 to 1992.

His books include The Rules of the Game: Reform and Evolution in the International Monetary System, Economic Policy Beyond the Headlines (with former University Economics Professor and Secretary of State George Shultz), Oil Resources: Who Gets What How?, Federal Tax Treatment of Foreign Income, and The GATT: Law and International Economic Organization.

Dam also chaired a National Research Council committee and co-edited a resulting book on national cryptography policy and computer security, Cryptography’s Role in Securing the Information Society.