OMB acting director asked to stay until nominee confirmed
March 19th, 2013
11:46 AM ET
1 year ago

OMB acting director asked to stay until nominee confirmed

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.
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Obama names his choices for three Cabinet positions
March 4th, 2013
12:11 PM ET
1 year ago

Obama names his choices for three Cabinet positions

(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.

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Official: Walmart Foundation head to be tapped as next OMB director
Sylvia Mathews Burwell is the top choice to lead the White House budget office. (Courtesy: Wal-Mart)
March 3rd, 2013
07:24 PM ET
1 year ago

Official: Walmart Foundation head to be tapped as next OMB director

(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.

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February 22nd, 2013
10:33 AM ET
1 year ago

When do the forced spending cuts kick in?

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?
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Top pick emerges for White House budget post
January 25th, 2013
09:20 AM ET
1 year ago

Top pick emerges for White House budget 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.
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Obama budget office: Prepare for job cuts
January 15th, 2013
01:03 PM ET
1 year ago

Obama budget office: Prepare for job cuts

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.

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White House 'strongly opposes' GOP bill to dismantle system of campaign financing
January 25th, 2011
03:39 PM ET
3 years ago

White House 'strongly opposes' GOP bill to dismantle system of campaign financing

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."

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November 18th, 2010
08:47 PM ET
3 years ago

Senate confirms new White House budget chief

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.

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September 16th, 2010
08:13 AM ET
4 years ago

Senate committees to hold hearing on Budget Office director

 Two Senate committees are set to hold hearings Thursday on the nomination of Jacob Lew as director of the Office of Management and Budget.
Two Senate committees are set to hold hearings Thursday on the nomination of Jacob Lew as director of the Office of Management and Budget.

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.

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July 13th, 2010
11:06 AM ET
4 years ago

Lew to be nominated as OMB director

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."

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