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The Secretary of the Treasury runs the treasury department . The job of treasury is to keep track of federal money. It writes checks, collects taxes and issues bonds to borrow money. It advises the president on the state of the economy and how to set policy on monetary matters. It works with foreign banks to deal with international banking and money issues and keeps the president abreast with world economic conditions and give advice thereupon. It also looks for financial net works that fund terrorists and launder drug money and other criminal activity.

It investigates tax evasion and counterfeiters and enforces banking regulations.

The IRS, US Mint, and BEP are under its control.

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