BANKING & FINANCE - Nov. 27, 1993

RTC Nominee Says He May Decline Post: Florida realtor Stanley Tate, President Clinton’s choice to head the Resolution Trust Corp., said he will decide next week whether to withdraw his name. Bloomberg Business News quoted him as saying in a telephone interview from his Miami office that he has been unable to arrange a meeting with Sen. Donald W. Riegle Jr. (D-Mich.), chairman of the Senate Banking Committee, which must consider the nomination. Riegle has said he won’t support any nominee until the RTC, which is presiding over the cleanup of the thrift industry, has a program for preventing further savings and loan failures.