Tuesday, October 14, 2008

The Department of the Treasury

The Department of the Treasury 

Mission Statement:
"Server the American people and strengthen national security by managing the U.S. Government's finances effectively, promoting economic growth and stability, and ensuring the safety, soundness, and security of the U.S. and international financial systems."

Functions:
  • manages federal finances
  • manages government debt and public accounts  
  • collects taxes, duties, and money owed to the U.S.
  • pays all the U.S. debt
  • enforces all federal tax and finance laws
  • investigates and prosecutes tax evaders, counterfeiters, and forgers
  • supervises national banks
  • advises the President on economic and financial issues
  • maintains production of coin and currency 
  • maintains payment of American citizens
  • works with international governments and financial institutions to foster global economic growth, raise living conditions, and predict possible financial crises
  • enacts economic sanctions against "foreign threats to the U.S."
  • identifies and targets the financial support of "national security threats"
  • improves safeguards of the U.S. financial system
(http://www.ustreas.gov/education/duties/)


-Christie

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