Office of Management and Budget

Office of Management and Budget
Agency overview
FormedJuly 1, 1970 (1970-07-01)
Preceding agency
  • Bureau of the Budget
HeadquartersEisenhower Executive Office Building, Washington, D.C., U.S.
Employees448
Annual budget$141 million (FY 2022)
Agency executive
Parent agencyExecutive Office of the President of the United States
Child agencies

The Office of Management and Budget (OMB) is the largest office within the Executive Office of the President of the United States (EOP). The office's most prominent function is to produce the president's budget, while it also examines agency programs, policies, and procedures to see whether they comply with the president's policies and coordinates inter-agency policy initiatives.

Russell Vought is the current director of the OMB since February 2025.