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THE WHITE HOUSE

Office of the Press Secretary

For Immediate Release July 18, 1995

             PRESIDENT ANNOUNCES HIS INTENTION TO NOMINATE 
            THOMAS R. BLOOM TO SERVE AS INSPECTOR GENERAL OF 
                      THE DEPARTMENT OF EDUCATION

     President Clinton announced today his intention to nominate Thomas

R. Bloom to serve as Inspector General of the Department of Education.

Thomas R. Bloom of Virginia, a certified public accountant, is currently the Chief Financial Officer and Assistant Secretary for Administration at the Department of Commerce. He serves as the principal advisor to the Secretary and Deputy Secretary on financial, administrative and budget management. In 1985 he was named Professional Accounting Fellow at the Federal Home Loan Bank Board and was later promoted to Chief Accountant of the Federal Home Loan Bank System. From 1988 to 1993, Mr. Bloom worked for Kenneth Leventhal & Company as Audit Partner, co-Chair of the firm's financial institution practice and Director of Government Services. As such, he served as the functional head of the largest practice unit of the eighth largest CPA firm in the U.S. Prior to 1985, Mr. Bloom held positions at all levels from staff auditor to auditor partner at two international CPA firms. He received his B.B.A. from the University of Michigan and is a CPA in Texas and Michigan.

The Inspector General of the Department of Education manages a staff of 320 employees in addition to outside auditors hired for specific projects. Almost all entities within the Department are required by law to be audited by CPA's or state auditors, with the Office of Inspector General having the responsibility to oversee the process and to assure that the audits are useful to the program offices.

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