Bush Nominates New Budget Director

President George Bush has nominated Jim Nussle, a former Republican lawmaker from Iowa, to succeed Rob Portman (R., OH) as director of the Office of Management and Budget (OMB). Portman says he is resigning to spend more time with his family. Nussle will now face the Senate’s confirmation process, which some sources say could be an uphill battle because many Democrats consider him too partisan. Industry generally pays close attention to OMB nominations because it oversees the Office of Information and Regulatory Affairs (OIRA)—an agency that reviews...

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