Office of Management and Budget Director Russell Vought joins 'Closing Bell Overtime' to talk the passage of President ...

Office of Management and Budget Director Russell Vought joins 'Closing Bell Overtime' to talk the passage of President ...

OMB’s memorandum is a major step forward. It recognizes that modern financial reporting must serve the public interest, not ...

The Office of Management and Budget is calling for a major overhaul in how federal agencies conduct financial audits.

Federal financial management experts say OMB’s update to how agencies and auditors complete federal financial statements has been a long-time goal.

Top Trump administration official Russell Vought testifies on the Hill about defunding some federal government grants.

A Senate panel challenged on a bipartisan basis the merits of cancelling billions of dollars in spending for foreign aid and public media as part of a contentious hearing Wednesday examining the White ...

A former Biden administration official who made it more difficult for agencies to terminate certain grants is now backing several ...

While all the focus this past week has been on the One Big Beautiful Bill, the Department of Labor submitted for review to the White House’s Office of Management and Budget (OMB) what appears to be a ...

Former OMB officials, including from other administrations, said the clunky move seemed unlike Vought, who is known as a strategic, in-the-weeds thinker and who they expect to build a more ...