United States Department of the Treasury

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United States Department of the Treasury

The department of the federal government responsible for the printing of money, the collection of taxes, the regulation of banks, and the management of public debt. Created in 1789, the U.S. Treasury issues Treasury securities, which is debt that the American government uses to pay for some of its functions. It also administers the Internal Revenue Service, which collects taxes and decides how tax laws and regulations are enforced, and the U.S. Mint, which prints and disburses currency. The Treasury Department is responsible for investigating and prosecuting certain financial crimes, such as tax evasion and counterfeiting. It is headed by the Secretary of the Treasury, who is appointed by the President with the consent of the Senate.
References in periodicals archive ?
Valley National has repaid the US Department of the Treasury the final 100,000 shares of the company's series-A preferred stock outstanding that were held by the Treasury under the capital purchase programme.
Govolution's clients include over 80 federal agencies and departments including the US Department of the Treasury, and leading treasury departments such as State of Delaware, Fairfax County VA, Kern County CA and City of Cambridge MA.
The Financial Crimes Enforcement Network (FinCEN), part of the US department of the Treasury, recently announced its final rules regarding Customer Identification Programs for both Broker/Dealers, Banks, Saving Associations and Mutual Funds.

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