LiveOpenAI Raises $11 Billion So Far at a $1.25 Trillion Valuation, Short of Its $30 Billion Goal
    WYDE
    Sign inSubscribe
    WYDE Newsroom Submit
    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.

    whitehouse.gov/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

    WYDE Newsroom has published 2 articles about Office of Management and Budget, from Sep 11, 2026 to Sep 22, 2026. Office of Management and Budget is the regulator in 2 stories. The most recent is The CFTC Sends Its Crypto Market Rules to the White House as Congress Stalls.

    Reported alongside Office of Management and Budget

    Sources

    Track the institutions that move money.

    Data-driven coverage, every week.