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Office Of Federal Financial Management
The Office of Federal Financial Management (OFFM) is a component of the United States Office of Management and Budget (OMB), which is part of the Executive Office of the President of the United States The Executive Office of the President (EOP) comprises the offices and agencies that support the work of the president at the center of the executive branch of the United States federal government. The EOP consists of several offices and agen ... (EOP). The President of the United States appoints the controller, who serves as the chief officer of OFFM. The current acting OFFM Controller is John C. Pasquantino. Organization OFFM is made up of two branches: the Management Controls and Assistance Branch and the Accountability, Performance and Reporting Branch. Mission and responsibilities OFFM's mission is to support the effective and transparent use of Federal financial resources. OFFM's responsibilities includes implementing the financial management priorities of the President ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Office Of Management And Budget
The Office of Management and Budget (OMB) is the largest office within the Executive Office of the President of the United States (EOP). OMB's most prominent function is to produce the president's budget, but it also examines agency programs, policies, and procedures to see whether they comply with the president's policies and coordinates inter-agency policy initiatives. Shalanda Young became OMB's acting director in March 2021, and was confirmed by the Senate in March 2022. History The Bureau of the Budget, OMB's predecessor, was established in 1921 as a part of the Department of the Treasury by the Budget and Accounting Act of 1921, which President Warren G. Harding signed into law. The Bureau of the Budget was moved to the Executive Office of the President in 1939 and was run by Harold D. Smith during the government's rapid expansion of spending during World War II. James L. Sundquist, a staffer at the Bureau of the Budget, called the relationship between the president an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Executive Office Building
The New Executive Office Building (NEOB) is a U.S. federal government office building in Washington, D.C., for the executive branch. The building is located at 725 17th Street NW, on the north side of Pennsylvania Avenue. To the south is the Eisenhower Executive Office Building (EEOB), which is next to the White House―the EEOB before 1999 was known as the Old Executive Office Building. The other sides are bounded by 17th Street NW (west), H Street NW (north), and Jackson Place and Lafayette Park (east). Within the same block are several buildings: Blair House, Trowbridge House, and Renwick Gallery in the south and the National Grange Headquarters and the Decatur House to the north. Known as Federal Office Building #7, it was built from 1965 to 1969 and is ten stories tall, double the height of the EEOB. According to Michael J. Bednar of the University of Virginia School of Architecture, "Four taller office buildings dating to earlier in the 20th century were demolished ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Office Of Management And Budget
The Office of Management and Budget (OMB) is the largest office within the Executive Office of the President of the United States (EOP). OMB's most prominent function is to produce the president's budget, but it also examines agency programs, policies, and procedures to see whether they comply with the president's policies and coordinates inter-agency policy initiatives. Shalanda Young became OMB's acting director in March 2021, and was confirmed by the Senate in March 2022. History The Bureau of the Budget, OMB's predecessor, was established in 1921 as a part of the Department of the Treasury by the Budget and Accounting Act of 1921, which President Warren G. Harding signed into law. The Bureau of the Budget was moved to the Executive Office of the President in 1939 and was run by Harold D. Smith during the government's rapid expansion of spending during World War II. James L. Sundquist, a staffer at the Bureau of the Budget, called the relationship between the president an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Executive Office Of The President Of The United States
The Executive Office of the President (EOP) comprises the offices and agencies that support the work of the president at the center of the executive branch of the United States federal government. The EOP consists of several offices and agencies, such as the White House Office (the staff working directly for and reporting to the president, including West Wing staff and the president's closest advisers), the National Security Council, and the Office of Management and Budget. The EOP is also referred to as a "permanent government", with many policy programs, and the people who implement them, continuing between presidential administrations. This is because there is a need for qualified, knowledgeable civil servants in each office or agency to inform new politicians. The civil servants who work in the Executive Office of the President are also regarded as nonpartisan and politically neutral, so that they can give impartial advice. With the increase in technological and globa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chief Financial Officers Act
The Chief Financial Officers (CFO) Act of 1990 (Public Law 101–576) signed into law by President George H. W. Bush on November 15, 1990, is a United States federal law intended to improve the government's financial management, outlining standards of financial performance and disclosure. Among other measures, the Office of Management and Budget (OMB) was given greater authority over federal financial management. For each of 24 federal departments and agencies, the position of chief financial officer was created. In accordance with the CFO Act, each agency or department vests its financial management functions in its chief financial officer. The following is a list of the 24 affected agencies: *Department of Agriculture *Department of Commerce *Department of Defense *Department of Education *Department of Energy *Department of Health and Human Services *Department of Homeland Security *Department of Housing and Urban Development *Department of Interior *Department of Justice *Depar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Finance In The United States
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability assess ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
