President Biden on Wednesday nominated Shalanda Young to permanently head the Office of Management and Budget. He has served as acting director since March.
why it matters: If confirmed by the Senate, Young would be the first black woman to lead the office permanently, which went months without a fixed director after Biden’s first nominee, Nira Tandon, several senators from both sides. Withdrew his nomination due to opposition.
Biden also nominated Nani Coloretti, senior vice president of financial and business strategy at the Urban Institute, to replace Young as deputy director.
- If Coloretti is confirmed, she would become one of the senior-most Asian Americans in the government.
big picture: Young and Coloretti May assume an important timely role for the office, overseeing the performance of federal agencies and administering the federal budget.
- The office is currently monitoring the implementation of the $1.9 trillion pandemic relief package and the $1.2 trillion infrastructure bill.
- The administration is also trying to pass its $1.75 trillion social spending package, which was passed by the House last week.
go in: Biden’s Fed pick puts progressives on notice