Office Of Federal Financial Management
   HOME





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 of the United States (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 office consists o ... (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 Presiden ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

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). The office's most prominent function is to produce the president's budget, while it also examines agency programs, policies, and procedures to see whether they comply with the president's policies and coordinates inter-agency policy initiatives. Russell Vought is the current director of the OMB since February 2025. History The Bureau of the Budget, OMB's predecessor, was established in 1921 as a part of the United States Department of the Treasury, 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 of the United States, 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 B ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

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 demoli ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

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). The office's most prominent function is to produce the president's budget, while it also examines agency programs, policies, and procedures to see whether they comply with the president's policies and coordinates inter-agency policy initiatives. Russell Vought is the current director of the OMB since February 2025. History The Bureau of the Budget, OMB's predecessor, was established in 1921 as a part of the United States Department of the Treasury, 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 of the United States, 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 B ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Executive Office Of The President Of The United States
The Executive Office of the President of the United States (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 office consists of several offices and agencies, such as the White House Office (the staff working closest with the president, including West Wing staff), the National Security Council, Homeland Security Council, Office of Management and Budget, Council of Economic Advisers, and others. The Eisenhower Executive Office Building houses most staff. The office is also referred to as a "permanent government", since many policy programs, and the people who are charged with implementing them, continue between presidential administrations. The civil servants who work in the Executive Office of the President are regarded as nonpartisan and politically neutral, so they are capable of providing objective and impartial advice. With the increase in technologi ...
[...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, which includes all 15 federal executive departments whose heads are included in the Cabinet of the United States, as well as other large agencies: *Department of Agriculture *Department of Commerce *Department of Defense *Department of Education *Department of Energy *Department of Health a ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Finance In The United States
Finance refers to monetary resources and to the study and discipline of money, currency, assets and liabilities. As a subject of study, is a field of Business Administration wich study the planning, organizing, leading, and controlling of an organization's resources to achieve its goals. Based on the scope of financial activities in financial systems, the discipline can be divided into personal, corporate, and public finance. In these financial systems, 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. Due to its wide scope, a broad range of subfields exists within finance. Asset-, money-, risk- and investment management aim to maximize value and minimize volatility. Financial analysis assesses the viability, stability, and ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]