Paulson appoints rescue CFO

US Treasury secretary Hank Paulson has appointed an interim CFO to the newly created Office of Financial Stability.

Thomas Bloom was given the role yesterday, according to CFO.com, and is currently chief financial officer for the Office of the Comptroller of the Currency.

Paulson has been making new appointments since the role of the financial stability office was broadened to include the administration of the $700bn rescue package. Bloom was formerly CFO at the US defence department.

He will report to Neel Kashkari whose appointment is still to receive approval from the Senate. Kashkari is a former vice president at Goldman Sachs.