KEY POINTS
  • President Joe Biden will nominate Shalanda Young to serve as director of the White House Office of Management and Budget and Nani Coloretti to serve as deputy director.
  • The nominations come at a time when the Biden administration is asking Congress to approve more than $2 trillion in spending on two transformative bills.
  • Young has served as the acting director of OMB since January. If she's confirmed, she will be the first Black woman to hold the title.
Shalanda D. Young, nominee to be deputy director of the Office of Management and Budget, is sworn into her Senate Budget Committee confirmation in Dirksen Building on Tuesday, March 2, 2021.

WASHINGTON — President Joe Biden will nominate Shalanda Young to serve as director of the White House Office of Management and Budget, he said in a video released Wednesday.

Young currently serves as acting director of the office, which plays a key role in both advising the president on the federal budget and overseeing how taxpayer money is spent.