US Senate Confirms Kramer as CFO at USDOT
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The U.S. Senate on Nov. 21 easily confirmed John Kramer to become chief financial officer at the U.S. Department of Transportation.
Kramer most recently was deputy assistant secretary for budget and finance in the Office of the Secretary at USDOT. Secretary Elaine Chao had appointed Kramer to the Northeast Corridor Commission, and according to background archived on the department’s website, he worked at Philip Morris International for two decades.
Kramer earned degrees from Colgate University, New York University and Harvard Business School. President Donald Trump had announced in April his intent to nominate him.
Responding to a questionnaire, Kramer told the Senate Commerce Committee that a challenge facing DOT is “to avoid hampering the pace of innovation without compromising safety or picking winners.”
“All areas of the DOT from sea to land to sky to space are challenged by technology changing at an increasing pace, which will benefit all Americans if choices are made wisely,” he wrote. “The CFO’s office must help lead the way by innovating its own legacy systems and methodology with the latest systems and related technology to improve performance without compromising oversight.”
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