United States Office of Management and Budget
From Academic Kids
The Office of Management and Budget (OMB) is a body within the Executive Office of the President of the United States 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. The current director is Joshua Bolten.
The OMB was originally set up by Warren Harding as the Bureau of the Budget. It was established in its present form during the Nixon administration: the first Office 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.