The United States secretary of the treasury is the head of the United States Department of the Treasury, and is the chief financial officer of the federal government of the United States. The secretary of the treasury serves as the principal advisor to the president of the United States on all matters pertaining to economic and fiscal policy. The secretary is, by custom, a member of the president's cabinet and, by law, a member of the National Security Council.
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 minting coins, while the treasury executes currency 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 United States Department of the Interior (DOI) is an executive department of the U.S. federal government responsible for the management and conservation of most federal lands and natural resources. It also administers programs relating to Native Americans, Alaska Natives, Native Hawaiians, territorial affairs, and insular areas of the United States, as well as programs related to historic preservation. About 75% of federal public land is managed by the department, with most of the remainder managed by the Department of Agriculture's Forest Service. The department was created on March 3, 1849. It is headquartered at the Main Interior Building, located at 1849 C Street NW in Washington, D.C.
Washington, D.C., formally the District of Columbia and commonly called Washington or D.C., is the capital city and federal district of the United States. The city is on the Potomac River, across from Virginia, and shares land borders with Maryland to its north and east. Washington, D.C., was named for George Washington, a Founding Father and the first president of the United States. The district is named for Columbia, the female personification of the nation.
The Treasurer of the United States is an officer in the United States Department of the Treasury who serves as the custodian and trustee of the federal government's collateral assets and the supervisor of the department's currency and coinage production functions. As of September 12, 2022, the 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 is one of two U.S. agencies in currency production in the case of printing paper currency; the other is the United States Mint, which mints coinage. 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 Office of Foreign Assets Control (OFAC) is a financial intelligence and enforcement agency of the U.S. Treasury Department. It administers and enforces economic and trade sanctions in support of U.S. national security and foreign policy objectives. Under presidential national emergency powers, OFAC carries out its activities against foreign states as well as a variety of other organizations and individuals, like terrorist groups, deemed to be a threat to U.S. national security.
The United States one-dollar bill (US$1), sometimes referred to as a single, has been the lowest value denomination of United States paper currency since the discontinuation of U.S. fractional currency notes in 1876. An image of the first U.S. president (1789–1797), George Washington, based on the Athenaeum Portrait, a 1796 painting by Gilbert Stuart, is currently featured on the obverse, and the Great Seal of the United States is featured on the reverse. The one-dollar bill has the oldest overall design of all U.S. currency currently being produced. The reverse design of the present dollar debuted in 1935, and the obverse in 1963 when it was first issued as a Federal Reserve Note.
Robert James Walker was an American lawyer, economist and politician. An active member of the Democratic Party, he served as a member of the U.S. Senate from Mississippi from 1835 until 1845, as Secretary of the Treasury from 1845 to 1849 during the administration of President James K. Polk, and briefly as Territorial Governor of Kansas in 1857. He was responsible for drafting the 1849 bill that eventually established the United States Department of the Interior.
William Adams Richardson was an American lawyer who served as the 29th United States secretary of the treasury from 1873 to 1874. During his tenure, the Panic of 1873 swept the nation and caused a depression that lasted five years. He controversially responded by issuing $26 million in greenbacks, which averted the crisis, although there was debate as to whether he had the authority to do so. His tenure was marred by the Sanborn incident in 1874, which involved favoritism and profiteering in the collection of unpaid taxes. He was later appointed a judge, and subsequently the chief justice, of the United States Court of Claims.
James Earle Fraser was an American sculptor during the first half of the 20th century. His work is integral to many of Washington, D.C.'s most iconic structures.
The United States Bullion Depository, often known as Fort Knox, is a fortified vault building located next to the United States Army post of Fort Knox, Kentucky. It is operated by the United States Department of the Treasury. The vault is used to store a large portion of the United States' gold reserves as well as other precious items belonging to or in custody of the federal government. It currently holds roughly 147 million troy ounces of gold bullion, a little over half the total gold presently held by the federal government. The United States Mint Police protects the depository.
In the United States, Tax Day is the day on which individual income tax returns are due to be submitted to the federal government. Since 1955, Tax Day has typically fallen on or just after April 15. Tax Day was first introduced in 1913, when the Sixteenth Amendment was ratified.
Daniel Mark Tangherlini is an American government official who currently serves as a Governor of the United States Postal Service. He served as administrator of the U.S. General Services Administration from 2012 to 2015. Unanimously approved to the post by the U.S. Senate on June 27, 2013, he had served as Acting Administrator since his appointment by President Barack Obama on April 2, 2012. He earlier served as an executive in the U.S. Department of the Treasury, as City Administrator of Washington, D.C., and as interim General Manager for the Washington Metropolitan Area Transit Authority.
George Hadfield was born in Livorno, Italy, of English parents, who were hotel keepers. He studied at the Royal Academy, and worked with James Wyatt for six years before emigrating to the United States. He was the brother of painter, musician, and educator Maria Cosway.
The Treasury Building in Washington, D.C., is a National Historic Landmark building which is the headquarters of the United States Department of the Treasury. An image of the Treasury Building is featured on the back of the United States ten-dollar bill.
The United States Department of Commerce and Labor was a short-lived Cabinet department of the United States government, which was concerned with fostering and supervising big business. It existed from 1903 to 1913. The United States Department of Commerce is its successor agency, and it also is the predecessor of the United States Department of Labor.
Rosa Gumataotao Rios is an American academic. She served as the 43rd Treasurer of the United States and is a visiting scholar at the Radcliffe Institute for Advanced Study at Harvard University.
The Columbian Institute for the Promotion of Arts and Sciences (1816–1838) was a literary and science institution in Washington, D.C., founded by Dr. Edward Cutbush (1772–1843), a naval surgeon. Thomas Law had earlier suggested of such a society "at the seat of government." It was the first "learned society" established in Washington and was organized on June 28, 1816, sixteen years after the city was occupied, and less than two years after the invasion by the British troops. The second article of its constitution states: "The Institute shall consist of mathematical, physical, moral and political sciences, general literature and fine arts."
The Freedman's Bank Building, previously known as the Treasury Annex, is a historic office building located on the corner of Madison Place and Pennsylvania Avenue NW in Washington, D.C. It sits on the east side of Lafayette Square, a public park on the north side of the White House, and across from the Treasury Building. The adjoining properties include the Howard T. Markey National Courts Building to the north and the former Riggs National Bank to the east.
