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U. S. TREASURY
Mission
Serve 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.
The Department of the Treasury's mission highlights its role as the steward of
U.S. economic and financial systems, and as an influential participant in the
global economy.
The Treasury Department is the executive agency responsible for promoting
economic prosperity and ensuring the financial security of the United States.
The Department is responsible for a wide range of activities such as advising
the President on economic and financial issues, encouraging sustainable economic
growth, and fostering improved governance in financial institutions. The
Department of the Treasury operates and maintains systems that are critical to
the nation's financial infrastructure, such as the production of coin and
currency, the disbursement of payments to the American public, revenue
collection, and the borrowing of funds necessary to run the federal government.
The Department works with other federal agencies, foreign governments, and
international financial institutions to encourage global economic growth, raise
standards of living, and to the extent possible, predict and prevent economic
and financial crises. The Treasury Department also performs a critical and
far-reaching role in enhancing national security by implementing economic
sanctions against foreign threats to the U.S., identifying and targeting the
financial support networks of national security threats, and improving the
safeguards of our financial systems.
Organization
The Department of the Treasury is organized into two major components the
Departmental offices and the operating bureaus. The Departmental Offices are
primarily responsible for the formulation of policy and management of the
Department as a whole, while the operating bureaus carry out the specific
operations assigned to the Department. Our bureaus make up 98% of the Treasury
work force. The basic functions of the Department of the Treasury include:
Managing Federal finances;
Collecting taxes, duties and monies paid to and due to the U.S. and paying all
bills of the U.S.;
Currency and coinage;
Managing Government accounts and the public debt;
Supervising national banks and thrift institutions;
Advising on domestic and international financial, monetary, economic, trade and
tax policy;
Enforcing Federal finance and tax laws;
Investigating and prosecuting tax evaders, counterfeiters, and forgers.
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