Office of Management and Budget

Office of Management and Budget
Agency overview
Formed	July 1, 1970
Preceding agency	Bureau of the Budget;
Headquarters	Eisenhower Executive Office Building, Washington, D.C., U.S.
Employees	448
Annual budget	$141 million (FY 2022)
Agency executives	Russell Vought, Director; Dan Bishop, Deputy Director; Eric Ueland, Deputy Director for Management;
Parent agency	Executive Office of the President of the United States
Child agencies	Office of Information and Regulatory Affairs; Office of the Intellectual Property Enforcement Coordinator; Office of E-Government & Information Technology; Office of Federal Financial Management; Office of Federal Procurement Policy;

The Office of Management and Budget (OMB) is the largest office within the Executive Office of the President of the United States and is responsible for implementing the president's agenda across the executive branch.

In 1921, Congress passed legislation to create the Bureau of the Budget to assist the president in developing his budget to be enacted or rejected by the House of Representatives under Article One of the Constitution. In 1970, President Richard Nixon led the reorganization of the bureau into its current form as the OMB reporting directly to the president.

Originally intended to be a politically neutral and analytical organization, the 1970 restructuring transformed the OMB from a simple budget office to one of the most powerful institutions directly under the president's control. Successive presidents have expanded the scope of duties and power of the OMB, with occasional but limited pushback from Congress. Most notably, Congress enacted legislation in 1974 to form a congressional counterpart to the OMB, the Congressional Budget Office along with other laws including to limit presidential impoundment.

Russell Vought is the current director of the OMB, appointed by Donald Trump in February 2025.