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 ...

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

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

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

"This [bill] would basically give [Trump] carte blanche to refashion the entire federal government," Ben Olinksy told ...

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

Fostering public trust requires robust rules on how the technology is authorized, tested, disclosed, and overseen.

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 ...

White House says the CBO’s analysis is wrong because it assumes that Republicans in Congress will fail to extend Trump’s 2017 tax cuts.

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 ...