Washington (CNN) - President Obama has asked Jeff Zients to stay on as Acting Director of the Office of Management and Budget until his replacement can be confirmed by the U.S. Senate, a source familiar with the president's thinking told CNN on Tuesday.
At a press conference in the East Room on March 4, the president nominated current Walmart Foundation President Sylvia Matthews Burwell to be the next OMB director, and he praised Zients for his service.
FULL POST
(CNN) – Tapping two candidates with a strong mix of business and governmental experience for Cabinet posts, President Barack Obama is naming women to two of the potentially toughest jobs in Washington - director of the Office of Management and Budget, and administrator of the Environmental Protection Agency. He also named an MIT scientist with government experience as his nominee to be energy secretary.
Sylvia Mathews Burwell, who was nominated Monday for the OMB position, is the head of the Walmart Foundation, the retail chain's charitable organization. If confirmed by the Senate, she would assume a Cabinet-rank position as head of the White House agency that has the herculean task of advising the president on budget matters.
FULL STORY
(CNN) – Sylvia Mathews Burwell will be nominated Monday by President Barack Obama to be the director of the Office of Management and Budget, a senior Obama administration official said.
Burwell is currently the head of the Walmart Foundation, the retail chain's charitable organization.
FULL STORY
Washington (CNN) - By now everyone knows the forced federal spending cuts trigger March 1 - a week from Friday - and will strip $85 billion from federal agencies over the next seven months.
But when exactly do they kick in?
FULL POST
Washington (CNN) – Sylvia Mathews Burwell, a leading corporate philanthropist and former member of the Clinton administration, is the top pick to run the Office of Management and Budget, two Democrats said Friday.
Burwell served as the deputy director of the OMB during Clinton's presidency, and also acted as chief of staff to then-Treasury Secretary Robert Rubin. Former OMB Director Jack Lew also served under Rubin. Peter Orszag, a fellow former OMB director, ran a think tank founded by Rubin.
FULL POST
Washington (CNNMoney) - The White House budget office has asked federal agencies to "intensify" preparations for massive cuts, should Congress not be able to come to a deal to avert them before March 1.
The Office of Management and Budget released a memo on Monday asking the agencies to identify ways to shrink their budgets. Some of the options include shrinking their work forces through hiring freezes and furloughs and finding grants and contracts that can be cut, according to a memo by OMB Deputy Director for Management Jeffrey Zients.
FULL STORY
Washington (CNN) - A Republican-backed bill to halt public financing of presidential campaigns and conventions is coming under fire from the White House.
In a strongly worded statement, the Office of Management and Budget said the House bill, known as H.R. 359, would "expand the power of corporations and special interests in the nation's elections," and that it would "force candidates into an endless cycle of fundraising at the expense of engagement with voters on the issues."
FULL STORY
WASHINGTON (CNN) - The U.S. Senate confirmed Jacob J. Lew as director of the White House's Office of Management and Budget by a voice vote Thursday night.
Lew succeeds Peter Orszag, who headed President Barack Obama's budget team until his departure in July.
Washington (CNN) - Two Senate committees hold hearings Thursday on the nomination of Jacob J. Lew as director of the Office of Management and Budget.
If confirmed, Lew would succeed Peter Orszag as head of the White House budget team.
Lew held the same position in the administration of former President Bill Clinton from 1998 to 2001. Most recently, he has been the deputy secretary of state for management and resources in the Obama administration.
Washington (CNN) - President Barack Obama said Tuesday he will nominate Jacob J. Lew, a former director of the Office of Management and Budget, to again take that post.
If confirmed, Lew would succeed Peter Orszag as head of the White House budget team.
Lew held the same position in the administration of former President Bill Clinton from 1998-2001. Most recently, he has been the deputy secretary of state for management and resources in the Obama administration.
"The experience and good judgment Jack has acquired throughout his impressive career in the public and private sector will be an extraordinary asset to this administration's efforts to cut down the deficit and put our nation back on a fiscally responsible path," Obama said in a statement. "As the budget director who left the next administration a $237 billion surplus when he worked for President Clinton, I have no doubt that Jack has proven himself equal to this extraordinary task."
From CNN Politics
© 2012 Cable News Network. Turner Broadcasting System, Inc. All Rights Reserved.
| Advertising practices | Advertise with us | About us | Work for us | Help
Recent Comments