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VisitTrump's Nominee Russell Vought to Testify at Senate Hearing for OMB Director, Aims to Overhaul Federal Bureaucracy
Jan 15, 2025, 06:07 PM
Russell Vought, President-elect Donald Trump's nominee to head the Office of Management and Budget (OMB), is set to testify at his Senate confirmation hearing before the Senate Homeland Security and Governmental Affairs Committee. If confirmed, Vought will be central to Trump's plans to overhaul the federal bureaucracy. Previously serving as OMB director during Trump's first term, Vought has expressed intentions to significantly reduce the size of the federal government, including cutting its workforce and reclaiming congressionally approved funding through impoundment authority. His confirmation hearing is scheduled to outline his qualifications and vision for the role.
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Markets
Yes • 50%
No • 50%
Official federal workforce statistics and reports
No • 50%
Yes • 50%
OMB and Congressional Budget Office reports
Budget Cuts • 25%
Other • 25%
Taxation Changes • 25%
Regulatory Reforms • 25%
Official OMB statements and policy documents
Confirmed • 33%
Rejected • 33%
Withdrawn • 34%
Official Senate voting records and announcements
Less than 5% • 25%
5% to 10% • 25%
10% to 15% • 25%
More than 15% • 25%
Official federal workforce statistics and reports