The Clinton Years
In 1992, he became more involved in politics as a fundraiser for Bill Clinton's 1992 presidential campaign. President Clinton appointed Bowles to head the Small Business Administration in 1993. From October 1994 to December 1995, Bowles served as Clinton's White House Deputy Chief of Staff, in the first term of the Clinton Administration.
After briefly returning to Charlotte, North Carolina, where he helped found the investment bank Carousel Capital, Bowles was appointed Clinton's Chief of Staff in December 1996. One of Bowles's major responsibilities was dealing with federal budget negotiations between the White House and Congress. Bowles returned to Charlotte, North Carolina and to the field of finance again in October 1998. He was also asked by North Carolina Gov. Jim Hunt to head a task force on rural economic prosperity.
Read more about this topic: Erskine Bowles
Famous quotes containing the words clinton and/or years:
“I ask you to join in a re-United States. We need to empower our people so they can take more responsibility for their own lives in a world that is ever smaller, where everyone counts.... We need a new spirit of community, a sense that we are all in this together, or the American Dream will continue to wither. Our destiny is bound up with the destiny of every other American.”
—Bill Clinton (b. 1946)
“When I was very young and the urge to be someplace was on me, I was assured by mature people that maturity would cure this itch. When years described me as mature, the remedy prescribed was middle age. In middle age I was assured that greater age would calm my fever and now that I am fifty-eight perhaps senility will do the job. Nothing has worked.... In other words, I don’t improve, in further words, once a bum always a bum. I fear the disease is incurable.”
—John Steinbeck (1902–1968)