Office of Management and Budget (OMB) Company Profile

Background

The Office of Management and Budget (OMB) is a pivotal entity within the Executive Office of the President of the United States. Established on July 1, 1970, succeeding the Bureau of the Budget, OMB's primary mission is to assist the President in overseeing the preparation and administration of the federal budget. Beyond budgetary functions, OMB evaluates the effectiveness of agency programs, policies, and procedures to ensure alignment with the President's policies and coordinates inter-agency policy initiatives.

Key Strategic Focus

OMB's strategic focus encompasses several core objectives:

Budget Development and Execution: Crafting the President's annual budget proposal and supervising its implementation across federal agencies.

Management Oversight: Monitoring agency performance, procurement, financial management, and information technology to enhance efficiency and effectiveness.

Regulatory Coordination: Reviewing significant federal regulations to ensure they reflect Presidential priorities and assessing their economic and social impacts.

Legislative Coordination: Managing the clearance and coordination of legislative materials, including agency communications with Congress, to maintain consistency with Presidential policies.

Presidential Directives: Overseeing the clearance of Executive Orders and memoranda to ensure cohesive government-wide actions.

Financials and Funding

As a federal agency, OMB operates within the budget allocated by Congress. For the fiscal year 2022, OMB's budget was approximately $141 million.

Technological Platform and Innovation

OMB leverages various technological platforms to fulfill its mission:

Information Technology Oversight: Through the Office of E-Government and Information Technology, OMB develops policies to enhance technology performance and budgeting across the Executive Branch.

Data-Driven Management: Implementing data-driven management practices to identify and share best practices across agencies, thereby improving operational efficiency.

Leadership Team

Director: Russell Vought

Background: Russell Vought has served as the Director of OMB since February 2025, having previously held the same position from July 2020 to January 2021. He is also the founder of the Center for Renewing America, an organization advocating for conservative policies.

Deputy Director: Dan Bishop

Background: Dan Bishop serves as the Deputy Director of OMB, supporting the Director in overseeing the agency's operations.

General Counsel: Mark Paoletta

Background: Mark Paoletta provides legal guidance to OMB, ensuring compliance with federal laws and regulations.

Deputy Director for Management (Chief Performance Officer of the United States): Eric Ueland

Background: Eric Ueland oversees management initiatives aimed at improving federal agency performance and efficiency.

Federal Chief Information Officer: Greg Barbaccia

Background: Greg Barbaccia leads the Office of E-Government and Information Technology, focusing on enhancing federal IT practices.

Leadership Changes

In February 2025, Russell Vought was confirmed by the Senate to serve as the Director of OMB, marking his second tenure in this role.

Competitor Profile

Market Insights and Dynamics

As a federal agency, OMB operates within the public sector and does not have direct competitors in the traditional sense. However, it collaborates and sometimes overlaps in function with other government entities.

Competitor Analysis

Congressional Budget Office (CBO): An independent, nonpartisan agency that provides economic and budgetary analysis to Congress. While both OMB and CBO analyze budgetary matters, CBO serves the legislative branch, whereas OMB serves the executive branch.

Government Accountability Office (GAO): Acts as the investigative arm of Congress, auditing and evaluating government programs and expenditures. GAO's role complements OMB's oversight functions but operates independently to ensure accountability.

Strategic Collaborations and Partnerships

OMB collaborates with various federal agencies to implement the President's policies effectively. Notable collaborations include:

Interagency Suspension and Debarment Committee (ISDC): Established by Executive Order 12549, ISDC monitors the implementation of suspension and debarment policies across federal agencies.

Office of E-Government and Information Technology: Works with federal agencies to develop and implement IT policies that enhance government operations.

Operational Insights

OMB's strategic considerations involve:

Policy Implementation: Ensuring that federal agencies adhere to the President's policy directives through budgetary and regulatory oversight.

Efficiency Enhancement: Promoting data-driven management practices to improve the efficiency and effectiveness of federal programs.

Regulatory Review: Coordinating the review of significant federal regulations to align with Presidential priorities and assess their impacts.

Strategic Opportunities and Future Directions

Looking ahead, OMB aims to:

Modernize Federal IT Infrastructure: Continue efforts to modernize information technology systems across federal agencies to improve service delivery and cybersecurity.