Department of Treasury

Most Recent Updates

Federal judge extends order blocking Musk and DOGE from Treasury payment systems 2/17

What is happening?

• A group of 19-25 year olds were given full access to the treasury. This includes all of your personal data.

What does it do?

• Manage Federal Finances: Oversees the government’s finances by formulating fiscal policies, managing federal debt, and advising on economic issues.
• Produce Currency and Coin: Through the U.S. Mint and the Bureau of Engraving and Printing, the Treasury designs and manufactures U.S. coins and paper money.
• Collect Federal Taxes and Duties: The Internal Revenue Service (IRS), under Treasury, administers the tax code, collects taxes, and enforces tax laws.
• Pay the Government’s Bills: Ensures that all federal obligations—like Social Security checks, tax refunds, and payments to federal agencies—are met in a timely manner.
• Supervise National Banks and Thrifts: The Office of the Comptroller of the Currency (OCC) charters, regulates, and supervises national banks to ensure a safe and sound banking system.
• Combat Financial Crimes and Terrorism Financing: Works to protect the financial system from illicit use, money laundering, and terrorist financing through agencies like the Financial Crimes Enforcement Network (FinCEN).
• Enforce Finance and Tax Laws: Investigates and prosecutes those who violate federal finance and tax laws, such as counterfeiters and tax evaders.
• Economic Policy Advising: Provides policy advice to the President and other executive agencies on matters such as inflation, economic growth, and financial regulations.
• International Financial Policy: Represents the United States in international financial institutions (e.g., IMF, World Bank) and helps negotiate global economic and monetary policies.