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Obama names Walmart Foundation president to budget post

Washington, D.C. -- According to published reports, President Obama will nominate Walmart Foundation president Sylvia Mathews Burwell as director of the Office of Management and Budget.

The nomination is expected to become official at a White House ceremony on Monday morning. Obama had announced late last year that he would appoint Burwell to the post. Her experience includes various leadership roles with the Bill and Melinda Gates Foundation, as well as government posts including deputy director of the Office of Management and Budget, deputy chief of staff to President Bill Clinton and chief of staff to Treasury Secretary Robert Rubin.

As head of the Office of Management and Budget, Burwell will be responsible for preparing the president’s annual budget.