Office of Management and Budget

OMB was established as part of the Treasury Department by the Budget and Accounting Act of 1921. The Bureau of the Budget was moved to the Executive Office of the President in 1939, and was reorganized into the OMB in 1970 during the Nixon Administration. The first OMB included several familiar names, including:

• Roy Ash (head)
• Paul O'Neill (assissant director)
  

Roy Ash, First Director of the OMB


Paul O'Neill, First Assissant
Director of the OMB