[Congressional Record Volume 140, Number 20 (Tuesday, March 1, 1994)]
[Senate]
[Page S]
From the Congressional Record Online through the Government Printing Office [www.gpo.gov]


[Congressional Record: March 1, 1994]
From the Congressional Record Online via GPO Access [wais.access.gpo.gov]

 
      NOMINATION OF THOMAS R. BLOOM TO BE ASSISTANT SECRETARY OF 
    ADMINISTRATION AND CHIEF FINANCIAL OFFICER OF THE DEPARTMENT OF 
                                COMMERCE

  Mr. HOLLINGS. Mr. President, I rise today to support the nomination 
of Thomas R. Bloom to be Assistant Secretary for Administration and 
Chief Financial Officer of the Department of Commerce [DOC]. The 
Committee on Commerce, Science, and Transportation held Mr. Bloom's 
confirmation hearing on February 10, 1994, and reported his nomination.
  The position of Chief Financial Officer is relatively new, having 
been created by the Chief Financial Officers Act of 1990. The Chief 
Financial Officer is responsible for reporting to the Secretary of 
Commerce regarding financial management matters; overseeing financial 
management activities; developing and maintaining an integrated agency 
accounting and financial management system; providing policy guidance 
and oversight of agency financial management personnel; and preparing a 
breakdown of the Department's budget for transmittal to the Director of 
the Office of Management and Budget.
  Mr. Bloom is well qualified to assume this important position. Prior 
to his nomination, Mr. Bloom served as audit partner for Kenneth 
Leventhal & Co., an accounting firm, from 1988 to 1993. From 1985 to 
1988, he was chief accountant and accounting fellow at the Federal Home 
Loan Bank Board. He has over 18 years of experience in the fields of 
financial management and general management, having served as auditor, 
management consultant, comptroller, and accounting regulator. Mr. Bloom 
is a native of Detroit and received his undergraduate degree from the 
University of Michigan in 1975.
  The financial management and administration of such a large and 
diversified department is quite a responsibility. I know Mr. Bloom is 
up to the challenge and I urge my colleagues to support this 
nomination.

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