United States Office of Management and Budget

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The Office of Management and Budget (OMB) is a body within the Executive Office of the President of the United States (EOP) which is tasked with coordinating United States Federal agencies. A "stop-and-think shop," it is a senior management team of the White House. The OMB performs this coordination by gathering and filtering budget requests, by issuing circulars dictating agency management practices, and by reviewing agency regulations. Six positions within OMB -- the Director, the Deputy Director, the Deputy Director for Management, and the Administrators of the Office of Information and Regulatory Affairs, the Office of Federal Procurement Policy, and the Office of Federal Financial Management -- are Presidentially appointed and Senate-confirmed positions.

Until mid-April 2006, the Director of OMB was Joshua B. Bolten, but Bolten was appointed to replace Andy Card as White House Chief of Staff effective April 15. On April 18, 2006, Bush nominated United States Trade Representative Rob Portman to replace Bolten; Portman awaits Senate confirmation.

With respect to the estimation of spending for the executive branch, the OMB serves a purpose parallel to that of the Congressional Budget Office for the estimation of spending for Congress, the Department of the Treasury for the estimation of revenues for the executive branch, and the Joint Committee on Taxation for the estimation of revenues for Congress.

The Bureau of the Budget (BOB), OMB's predecessor, was established as a part of the Department of the Treasury by the Budget & Accounting Act of 1921. BOB was moved to the EOP in 1939, and reorganized into the OMB in 1970 during the Nixon administration. The first OMB included Roy Ash (head), Paul O'Neill (assistant director), Fred Malek (deputy director) and Frank Zarb (associate director) and two dozen others. As of 2004, over 500 people were part of OMB.

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Directors of the Office of Management and Budget

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Name Dates Served ↓ Notes
Rob Portman (Acting) April 18, 2006 - present

Portman was formerly United States Trade Representative and a Congressman from Ohio; he awaits Senate confirmation.

Joshua B. Bolten June 26, 2003 - April 15, 2006

Bolten was designated on March 28, 2006, to replace Andy Card as White House Chief of Staff.

Mitchell E. Daniels, Jr. January 23, 2001 - June 6, 2003

Daniels left to successfully run for Governor of the state of Indiana.

Jacob J. Lew May 21, 1998 - January 19, 2001 Jack Lew served as Deputy Director of OMB from 1995 to 1998
Franklin D. Raines September 13, 1996 - May 21, 1998
Alice M. Rivlin October 17, 1994 - April 26, 1996 Rivlin became a Governor of the Federal Reserve after leaving OMB.
Leon Panetta January 21, 1993 - October 1994
Richard Darman January 25, 1989 - January 20, 1993
Joseph R. Wright, Jr. October 16, 1988 - January 20, 1989
James C. Miller III October 8, 1985 - October 15, 1988
Joseph R. Wright, Jr. August 2, 1985 - October 7, 1985
David A. Stockman January 21, 1981 - August 1, 1985
James T. McIntyre September 24, 1977 - January 20, 1981
Bert Lance January 21, 1977 - September 23, 1977 Lance resigned amid a corruption scandal.
James T. Lynn February 10, 1975 - January 20, 1977 Lynn left to head Aetna Insurance.
Roy Ash February 2, 1973 - February 3, 1975
Caspar Weinberger June 12, 1972 - February 1, 1973 Weinberger would later become Ronald Reagan's Secretary of Defense.
George P. Schultz July 1, 1970 - June 11, 1972
Robert Mayo January 22, 1969 - June 30, 1970
Charles Zwick January 29, 1968 - January 21, 1969
Charles Schultze June 1, 1965 - January 28, 1968
Kermit Gordon December 28, 1962 - June 1, 1965
David E. Bell January 22, 1961 - December 20, 1962
Maurice H. Stans March 18, 1958 - January 21, 1961
Percival Brundage April 2, 1956 - March 17, 1958
Rowland Hughes April 16, 1954 - April 1, 1956
Joseph Dodge

January 22, 1953 - April 15, 1954

Frederick Lawton

April 13, 1950 - January 21, 1953

Frank Pace February 1, 1949 - April 12, 1950
James E. Webb July 13, 1946 - January 27, 1949
Harold E. Smith April 15, 1939 - June 19, 1946
Daniel W. Bell

September 1, 1934 - April 14, 1939

Lewis Douglas March 7, 1933 - August 31, 1934
Clawson Roop August 15, 1929 - March 3, 1933
Herbert Lard July 1, 1922 - May 31, 1929
Charles Dawes

June 23, 1921 - June 30, 1922

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Other famous people who worked at the OMB

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