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Secretary Of The Treasury




From the U.S. Department of the Treasury website:

:"The Secretary of the Treasury is the principal economic advisor to the President and plays a critical role in policy-making by bringing an economic and government financial policy perspective to issues facing the government. The Secretary is responsible for formulating and recommending domestic and international financial, economic, and tax policy, participating in the formulation of broad fiscal policies that have general significance for the economy, and managing the public debt. The Secretary oversees the activities of the Department in carrying out its major law enforcement responsibilities; in serving as the financial agent for the United States Government ; and in manufacturing Coins and Currency .

:"The Chief Financial Officer of the government, the Secretary serves as Chairman Pro Tempore of the President's Economic Policy Council, Chairman of the Boards and Managing Trustee of the Social Security and Medicare Trust Funds, and as U.S. Governor of the International Monetary Fund , the International Bank for Reconstruction and Development, the Inter-American Development Bank, the Asian Development Bank, and the European Bank for Reconstruction and Development."

The Secretary along with the Treasurer must sign Federal Reserve Notes before they can become legal tender.


SECRETARIES OF THE TREASURY



ACTING SECRETARIES OF THE TREASURY

  • Because of the resignation of Deputy Secretary of Treasury Roger Altman in August of 1994, Under Secretary of Treasury for Domestic Finance Frank Newman served from December 22 , 1994 to January 11 , 1995 as Acting Secretary of Treasury.

  • Deputy Secretary of Treasury Kenneth W Dam served as Acting Secretary of Treasury from December 31 , 2002 to February 3 , 2003 .



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