WASHINGTON-President George W. Bush has said that he intends to nominate John C. Dugan to serve as the next Comptroller of the Currency. Dugan is a partner at Covington & Burling, a firm specializing in banking and financial institutions regulation. Regarding government service, he previously held the position of Treasury assistant secretary for domestic finance, and earlier in his career was Republican general counsel to the Senate Banking Committee. He holds a bachelor's degree from University of Michigan and a J.D. from Harvard Law School. The head of the OCC serves for a five-year term. President Bush made the announcement Feb. 22.

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