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S. HRG. 101-125

NOMINATION OF CHARLES H. DALLARA,
HOLLIS S. MC LOUGHLIN,

ROGER BOLTON, AND KAY JAMES

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CHARLES H. DALLARA TO BE DEPUTY UNDER SECRETARY OF THE
TREASURY; HOLLIS S. McLOUGHLIN TO BE AN ASSISTANT SECRETARY
OF THE TREASURY; ROGER BOLTON TO BE AN ASSISTANT SECRE-
TARY OF THE TREASURY; AND KAY C. JAMES TO BE AN ASSISTANT
SECRETARY OF HEALTH AND HUMAN SERVICES

MAY 9, 1989

Printed for the use of the Committee on Finance

99.451..

U.S. GOVERNMENT PRINTING OFFICE
WASHINGTON: 1989

For sale by the Superintendent of Documents, Congressional Sales Office
US Government Printing Office, Washington, DC 20402

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Dallara, Charles H., Deputy Under Secretary of the Treasury-Designate
Mc Loughlin, Hollis S., Assistant Secretary of the Treasury-Designate
Bolton, Roger, Assistant Secretary of the Treasury-Designate..

James, Kay C., Assistant Secretary of Health and Human Services-Designate..

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CONGRESSIONAL WITNESSES

Warner, Hon. John, a U.S. Senator from Virginia

Thurmond, Hon. Strom, a U.S. Senator from South Carolina

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COMMUNICATIONS

John Roger Bolton: U.S. Office of Government Ethics Letter, (April 13, 1989)...
Charles H. Dallara: U.S. Office of Government Ethics Letter, (October 7, 1988)
Hollis S. McLoughlin: U.S. Office of Government Ethics Letter, (April 12,
1989)..
Kay C. James: U.S. Office of Government Ethics Letter, (April 19, 1989)............
Planned Parenthood Federation of America, Inc..

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NOMINATIONS

OF CHARLES H. DALLARA,

HOLLIS S. McLOUGHLIN, ROGER
ROGER BOLTON,
AND KAY C. JAMES

TUESDAY, MAY 9, 1989

U.S. SENATE,

COMMITTEE ON FINANCE,

Washington, DC.

The hearing was convened, pursuant to notice, at 2:30 p.m. in room SD-215, Dirksen Senate Office Building, Hon. Lloyd Bentsen (chairman) presiding.

Also present: Senators Moynihan, Baucus, Pryor, Rockefeller, Packwood, Roth, Chafee, Durenberger, and Armstrong.

[The press release announcing the hearing follows:]

[Press Release No H-22, May 1, 1989]

BENTSEN ANNOUNCES HEARING AND EXECUTIVE SESSION ON TREASURY AND HHS NOMINATIONS

WASHINGTON, DC-Senator Lloyd Bentsen (D., Texas), Chairman, announced today that the Finance Committee will hold a hearing and executive session on nominations for the Departments of Treasury and Health and Human Services, on Tuesday, May 9, 1989 at 2:30 p.m. in Room SD-215 of the Dirksen Senate Office Building.

The Treasury nominations are Charles H. Dallara to be Deputy Under Secretary for International Affairs, Hollis S. McLoughlin to be Assistant Secretary for Policy Development, and Roger Bolton to be Assistant Secretary for Public Affairs and Public Liaison.

Dallara is Assistant Secretary for Policy Development at Treasury, McLoughlin serves as a Treasury consultant, and Bolton is Special Assistant to the President for Public Liaison and Director of the Economic Division at the White House.

Additionally, the Committee will consider nomination of Kay C. James to be Assistant Secretary for Public Affairs of the Department of Health and Human Services Ms James is currently serving as a consultant at HHS.

OPENING STATEMENT OF HON. LLOYD BENTSEN, A U.S. SENATOR FROM TEXAS

The CHAIRMAN. This hearing will come to order.

Dr. Dallara has been nominated to be Deputy Under Secretary of the Treasury for International Affairs. The Under Secretary for International Affairs is charged with advising the Treasury Secretary on international, monetary, financial, commercial and trade policies. Dr. Dallara has been with the Treasury Department since 1976. Most recently, he has served as the Assistant Secretary for Policy Development. He has also served as the Senior Deputy Assistant Secretary far International Economic Policy and as the U.S. Executive Director of the International Monetary Fund. Prior to

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