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.
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References in periodicals archive ?
If we consider the defined benefit plan to be an obligation of the United States government and essentially a risk-free asset composed of United States Treasury securities, then the DB plan will be uncorrelated with the market portfolio:
Interest rates on these certificates are frequently tied to the rate paid on United States Treasury investments of comparable maturity range.
First, former United States Treasury Secretary Paul O'Neill launched a scathing broadside against the 'fiscal irresponsibility' of the Bush administration for cutting taxes for the rich which accelerated the chronic deficits in the external current account and the Federal budget -which perversely provided the 'free trade' President with the opportunity to raise tariffs 'to save US jobs' during election year.
As a result, the United States Treasury has had to come up with some new signals (see Bureau of Engraving and Printing, 2002).
The United States Treasury has announced that it will no longer sell 30-year bonds.
United States Treasury Secretary Lawrence Summers has urged the European Union Member States to continue to boost their economies and bring about "a more balanced pattern of growth in the global economy as a whole".
Called Responsible Wealth, the group of "capital gainers with a conscience" decided after the 1997 capital gains tax cut to donate their tax savings to charities that advocate more equitable economic policies or simply to return their gains to the United States Treasury.
Despite the meeting's positive mood, IMF managing director Mr Michel Camdessus and United States treasury secretary Mr Lawrence Summers warned against complacency and urged ongoing reforms.
"Very much at the urging of the United States Treasury but others as well, the judgment was made that (the loans) ought to be held up until after the election so it does not influence the election," Rubin told the Foreign Operations Subcommittee of the Senate Appropriations Committee.
In close and continuous consultation and cooperation with the United States Treasury;
Dominguez III said he is supporting the nomination of United States Treasury Undersecretary David R.
Originally issued to the United States Treasury on November 21, 2008, the warrants were sold to the public in an auction process in November 2011.

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