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    agency

    Office of Management and Budget

    Office of Management and Budget (OMB) serves the President of the United States in overseeing the implementation of his vision across the Executive Branch. Its mission is to assist the President in meeting his policy, budget, management and regulatory objectives and to fulfill the agency's statutory responsibilities. It was formed on July 1, 1970, when the Bureau of the Budget was reorganized into the OMB.

    Director
    Russell Vought

    Key facts

    Formed
    July 1, 1970source
    Predecessor
    Bureau of the Budget, established in 1921 as a part of the Department of the Treasurysource
    Mission
    assist the President in meeting his policy, budget, management and regulatory objectives and to fulfill the agency's statutory responsibilitiessource
    Director
    Russell Vought, appointed by Donald Trump in February 2025source

    WYDE coverage of Office of Management and Budget

    Sources

    Track the institutions that move money.

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