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LegalText 31 U.S.C. § 504 Office of Federal Financial Management us united_states_code code_section 31 MONEY AND FINANCE 5 OFFICE OF MANAGEMENT AND BUDGET 504 31 U.S.C. § 504 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc31@119-100.zip /us/usc/t31/s504 data/legal/raw/us/code/title-31/usc31.xml 25f78a54f05a7cb3d39e6353bf51654763070f82398a1f3337dc07273ed0f97e 94d3fba324cbbc12277242f872f8f47cff5250dbcdc0057fe857212764e4b704 8e5131d34c5fd73b6c18fc6fb1c28142964216e84819b1b16cfc989341b8c5ba 2026-07-04 official
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31 U.S.C. § 504 - Office of Federal Financial Management

Text

(a) There is established in the Office of Management and Budget an office to be known as the “Office of Federal Financial Management”. The Office of Federal Financial Management, under the direction and control of the Deputy Director for Management of the Office of Management and Budget, shall carry out the financial management functions listed in section 503(a) of this title.

(b) There shall be at the head of the Office of Federal Financial Management a Controller, who shall be appointed by the President, by and with the advice and consent of the Senate. The Controller shall be appointed from among individuals who possess—

(1) demonstrated ability and practical experience in accounting, financial management, and financial systems; and

(2) extensive practical experience in financial management in large governmental or business entities.

(c) The Controller of the Office of Federal Financial Management shall be the deputy and principal advisor to the Deputy Director for Management in the performance by the Deputy Director for Management of functions described in section 503(a).

(Added Pub. L. 101576, title II, § 203(a), Nov. 15, 1990, 104 Stat. 2841.)

Notes

Editorial Notes

Prior ProvisionsA prior section 504 was renumbered section 506 of this title.