The Department of the Treasury (USDT) is the national treasury and finance department of the federal government of the United States, where it serves as an executive department. The department oversees the Bureau of Engraving and Printing and the U.S. Mint. These two agencies are responsible for printing all paper currency and coins, while the treasury executes its circulation in the domestic fiscal system. The USDT collects all federal taxes through the Internal Revenue Service; manages U.S. government debt instruments; licenses and supervises banks and thrift institutions; and advises the legislative and executive branches on matters of fiscal policy. The department is administered by the secretary of the treasury, who is a member of the Cabinet. The treasurer of the United States has limited statutory duties, but advises the Secretary on various matters such as coinage and currency production. Signatures of both officials appear on all Federal Reserve notes.
The Treasurer of the United States is an officer in the United States Department of the Treasury who serves as custodian and trustee of the federal government's collateral assets and the supervisor of the department's currency and coinage production functions. The current treasurer is Marilynn Malerba, who is the first Native American to hold the office.
The Bureau of Engraving and Printing (BEP) is a government agency within the United States Department of the Treasury that designs and produces a variety of security products for the United States government, most notable of which is Federal Reserve Notes for the Federal Reserve, the nation's central bank. In addition to paper currency, the BEP produces Treasury securities; military commissions and award certificates; invitations and admission cards; and many different types of identification cards, forms, and other special security documents for a variety of government agencies. The BEP does not produce coins; all coinage is produced by the United States Mint. With production facilities in Washington, D.C., and Fort Worth, Texas, the Bureau of Engraving and Printing is the largest producer of government security documents in the United States.
The Register of the Treasury was an officer of the United States Treasury Department. In 1919, the office of the Register became the Public Debt Service which, in 1940, became the Bureau of the Public Debt. The Register's duties included filing the accounting records of the government, transferring and cancelling federal debt securities, and filing the certificates of US-registered ships.
ABCorp is an American corporation providing contract manufacturing and related services to the authentication, payment and secure access business sectors. Its history dates back to 1795 as a secure engraver and printer, and assisting the newly formed First Bank of the United States to design and produce more counterfeit resistant currency. The company has facilities in the United States, Canada, Australia, and New Zealand. The American Bank Note Company is a wholly owned subsidiary of ABCorp.
Spencer M. Clark was the first Superintendent of the National Currency Bureau, today known as the Bureau of Engraving and Printing, from 1862 to 1868.
Larry R. Felix is an American civil servant who served as the Director of the Bureau of Engraving and Printing (BEP) within the United States Department of the Treasury from 2006 to 2015.
Larry E. Rolufs was an official in the United States Department of the Treasury who was Director of the Bureau of Engraving and Printing from 1995 to 1997.
Peter H. Daly was an official in the United States Department of the Treasury who was Director of the Bureau of Engraving and Printing from 1988 to 1995.
Robert J. Leuver was an official in the United States Department of the Treasury who was Director of the Bureau of Engraving and Printing from 1983 to 1988.
James A. Conlon was an official in the United States Department of the Treasury who was Director of the Bureau of Engraving and Printing from 1967 to 1977.
Louis A. Hill (1865–1933) was an official in the United States Department of the Treasury who was Director of the Bureau of Engraving and Printing from 1922 to 1924.
James L. Wilmeth (1870–1959) was an official in the United States Department of the Treasury who was Director of the Bureau of Engraving and Printing from 1917 to 1922.
Joseph E. Ralph (1863–1922) was an official in the United States Department of the Treasury who was Director of the Bureau of Engraving and Printing from 1908 to 1917.
Claude M. Johnson was a United States printer who was Director of the Bureau of Engraving and Printing from 1893 to 1900.
Truman N. Burrill (1832–1896) was an official in the United States Department of the Treasury who was Chief of the Bureau of Engraving and Printing from 1883 to 1885.
Orsamus Hylas Irish (1830–1883) was an official in the United States Department of the Treasury who served as Chief of the Bureau of Engraving and Printing from 1878 to 1883.
In early 18th century Colonial America, engravers began experimenting with copper plates as an alternative medium to wood. Applied to the production of paper currency, copper-plate engraving allowed for greater detail and production during printing. It was the transition to steel engraving that enabled banknote design and printing to rapidly advance in the United States during the 19th century.
The United States two-dollar bill ($2) is a current denomination of United States currency. A portrait of Thomas Jefferson, the third president of the United States (1801–1809), is featured on the obverse of the note. The reverse features an engraving of the circa 1818 painting Declaration of Independence by John Trumbull.
Leonard R. Olijar is an American government official who has served as the Director of the Bureau of Engraving and Printing since 2015. As director, Olijar is responsible for managing the Bureau of Engraving and Printing, an agency within the United States Department of the Treasury tasked with producing Federal Reserve Notes, paper currencies, and United States Treasury securities.
