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Senate Banking Committee / Miller Nomination / Textron For. Payments #52817

ABC Evening News for Tuesday, Feb 28, 1978
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(Studio) Senator Banking Committee's questioning of G. William Miller, President Carter's nominee for chairperson of Federal Reserve Board, concerning Miller's knowledge of Textron's methods in getting contract for copters in Iran reported.
REPORTER: Frank Reynolds

(DC) Miller's denials of knowledge of allegations that Iranian general was part owner of company that received money from Textron's Bell Helicopter division and challenge of Senator William Proxmire's assertion that money went to general detailed. [PROXMIRE - thinks facts prove that Textron bribed General Mohammed Khatemi.] [MILLER - disagrees with all Proxmire has said. Knows he didn't and wouldn't authorize or condone it anytime, anywhere.] Reactions of other committee members described; Proxmire's mention of SEC investigation of Textron and warning to Miller noted. [PROXMIRE - cites possible reflections of Securities and Exchange Commission findings on Miller.] [MILLER - has no reservations that Securities and Exchange Commission investigation will reveal no wrongdoing involving self.] Expectations of Miller's confirmation noted.
REPORTER: Dan Cordtz

Cordtz, Dan;
Reynolds, Frank

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