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The Department of the Treasury of the United States takes care of the financial needs of the country. It is an executive department of the government and also acts as the treasury. Unlike the Federal Reserve System, they are an entirely separate entity within the government, and their decisions do not need to be approved by any department, including the President himself. (They do, however, advise the President on financial matters.) Among other things, the U.S. Treasury is responsible for printing money and postage, collects taxes and takes care of the nation's debts, advises on monetary issues, enforce tax laws, and pursue tax evaders. They also work with other agencies and financial institutions worldwide to help promote financial stability. The Secretary of the Treasury, chosen by the President, oversees the U.S. Treasury. He is fifth in the presidential line of succession in the event of an extreme nationwide tragedy.
The U.S. Treasury has an extensive history. It was first founded in 1789, when President George Washington first appointed Alexander Hamilton as the first Secretary of the Treasury, when the government's structure was originally being developed. The first thing he did when he took office was insist that the United State's war debt was repaid. Since it's humble beginnings, the U.S. Treasury has taken care of different duties which now are taken care of by other agencies. For example, until 1901, the Treasury took care of weights and measures, a responsibility which was then handed over to the National Institute of Standards and Technology After the terrorist attacks on September 11, 2001, many of the other things that were taken care of by the Treasury were assigned to the Bureau of Alcohol, Tobacco, Firearms, and Explosives. Today, the main mission of the U.S. Treasury is to support financial stability in the United States, strengthen national security, help create job opportunities, issue bonds, oversee banks and other financial institutions, and take care of the nation's financial matters.
What else can I help you with?
The US treasury department is in what branch of government?
I would say the executive branch. The Secretary of the Treasury controls the US Treasury, and the S of T is a part of the executive branch since that is a cabinet post.
How do you buy a treasury bill?
You can purchase treasury bills directly from the U.S. Treasury. You can purchase them from the US Treasury's website or from your bank.
Who is currently the US secretary of the treasury?
Timothy F. Geithner is US Secretary of the Treasury as this is written.
Who runs the department treasury?
The Secretary of Treasury is in charge of the US Treasury Department.
What does ac mean on the payee line of us treasury checks?
what does a % sign mean on a us treasury check
What US Bill Has a picture of the US Treasury?
The U.S. Treasury building is featured on the back of the $10 bill.
Is the US Department of treasury a government owned company?
The US Treasury Department is an executive department of the federal government.
Who is in charge of printing money?
Congress does. the constitution grants the power for it to do so.
What is the beta of a US Treasury bill?
US Treasury bill is risk-free, hence its beta equal 0 (zero)
What agency prints money?
Department of the treasury(1789)
Who is the secretary of the treasury for the U.S?
As of June 2015 the US Secretary of the Treasury is Jacob Lew
When was US Treasury Police created?
United States Treasury Police was created in 1879.
