The Office of Federal Financial Management (OFFM) is a sub-division the United States Office of Management and Budget.
OFFM responsibilities include implementing the financial management improvement priorities of the President, establishing government-wide financial management policies of executive agencies, and carrying out the financial management functions of the CFO Act of 1990.
The Office was created by the Chief Financial Officers Act of 1990 (CFO Act), signed into law by President George H.W. Bush in 1990.
The OFFM's chief officer is the Controller. The Controller of the OFFM is appointed by the President of the United States with the advice and consent of the U.S. Senate.
Famous quotes containing the words office of, office, federal, financial and/or management:
“Notwithstanding the unaccountable apathy with which of late years the Indians have been sometimes abandoned to their enemies, it is not to be doubted that it is the good pleasure and the understanding of all humane persons in the Republic, of the men and the matrons sitting in the thriving independent families all over the land, that they shall be duly cared for; that they shall taste justice and love from all to whom we have delegated the office of dealing with them.”
—Ralph Waldo Emerson (1803–1882)
“Notwithstanding the unaccountable apathy with which of late years the Indians have been sometimes abandoned to their enemies, it is not to be doubted that it is the good pleasure and the understanding of all humane persons in the Republic, of the men and the matrons sitting in the thriving independent families all over the land, that they shall be duly cared for; that they shall taste justice and love from all to whom we have delegated the office of dealing with them.”
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