
Treasury
The department of the US government that functions as its bank. All revenue from tariffs and trade deals flows into the Treasury, helping to reduce the national deficit.
First Mentioned
1/9/2026, 4:44:54 AM
Last Updated
1/9/2026, 4:46:29 AM
Research Retrieved
1/9/2026, 4:46:29 AM
Summary
The Treasury, specifically the United States Department of the Treasury (USDT), is the executive agency responsible for managing the nation's finances, promoting economic prosperity, and ensuring financial security. Established in 1789, it oversees critical functions including tax collection via the Internal Revenue Service (IRS), currency production through the U.S. Mint and Bureau of Engraving and Printing, and the management of federal debt. In the context of the Trump Administration's economic strategy as described by Howard Lutnick, the Treasury is envisioned as the recipient of approximately $1 trillion in reclaimed funds annually from a 'war on government fraud.' These funds are intended to support national priorities such as Social Security without requiring benefit cuts. The department is led by the Secretary of the Treasury, a Cabinet-level official, and is headquartered at 1500 Pennsylvania Avenue in Washington, D.C.
Referenced in 1 Document
Research Data
Extracted Attributes
Head Title
Secretary of the Treasury
Headquarters
1500 Pennsylvania Avenue Northwest, Washington, District of Columbia, 20006, United States
Founding Date
1789-09-02
Adjective Form
Treasurial or Tresorial
Employee Count
10,001+ employees
Primary Functions
Tax collection, currency production, debt management, and fiscal policy advice
Projected Fraud Recovery Revenue
$1,000,000,000,000 (1 trillion) USD annually
Timeline
- The U.S. Department of the Treasury was established by an act of Congress. (Source: Federal Register)
1789-09-02
- Secretary of Commerce Howard Lutnick describes a strategy to reclaim $1 trillion in fraud for the Treasury to fund Social Security. (Source: Document bd9e52ad-b427-4759-a3de-cdaa5cd4d3e7)
2024-10-28
- Target date for the Trump Administration to achieve 5-6% GDP growth through its economic and fiscal policies. (Source: Document bd9e52ad-b427-4759-a3de-cdaa5cd4d3e7)
2026-12-31
Wikipedia
View on WikipediaTreasury
A treasury is either: a government department related to finance and taxation, a finance ministry; in a business context, corporate treasury a place or location where treasure, such as currency or precious items are kept. These can be state or royal property, church treasure or in private ownership. The head of a treasury is typically known as a treasurer. This position may not necessarily have the final control over the actions of the treasury, particularly if they are not an elected representative. The adjective for a treasury is normally "treasurial". The adjective "tresorial" can also be used, but this normally means pertaining to a treasurer.
Web Search Results
- United States Department of the Treasury - Wikipedia
The Department of the Treasury (USDT) is the national treasury and finance department of the federal government of the United States. It is one of 15 current U.S. government departments. [...] The department oversees the Bureau of Engraving and Printing and the U.S. Mint, two federal agencies responsible for printing all paper currency and minting coins. The treasury executes currency circulation in the domestic fiscal system, collects all federal taxes through the Internal Revenue Service, manages U.S. government debt instruments, licenses and supervises banks and thrift institutions, and advises the legislative and executive branches on fiscal policy. The department is administered by the secretary of the treasury, who is a member of the Cabinet. The treasurer of the United States has limited statutory duties, but advises the Secretary on various matters such as coinage and currency production. Signatures of both officials appear on all Federal Reserve Notes. [...] Producing all currency and coinage of the U.S.; Collecting taxes, duties and money paid to and due to the U.S.; Paying all bills of the U.S.; Managing the federal finances; Managing government accounts (including the Treasury General Account) and the United States public debt; Supervising national banks and thrift institutions; Advising on domestic and international financial, monetary, economic, trade and tax policy (fiscal policy being the sum of these); Enforcing federal finance and tax laws; Investigating and prosecuting tax evaders; Publishing statistical reports.
- Role of the Treasury | U.S. Department of the ...
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 [...] ## Role of the Treasury The U.S. Department of the Treasury's mission is to maintain a strong economy and create economic and job opportunities by promoting the conditions that enable economic growth and stability at home and abroad, strengthen national security by combating threats and protecting the integrity of the financial system, and manage the U.S. Government’s finances and resources effectively. Treasury's mission highlights its role as the steward of U.S. economic and financial systems, and as an influential participant in the world economy. [...] 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.
- U.S. Department of the Treasury | LinkedIn
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 [...] 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. [...] # U.S. Department of the Treasury This is the official account of the U.S. Department of the Treasury. Government Administration • Washington, DC • 152,554 followers • 10,001+ employees
- Agencies - Treasury Department - Federal Register
Background and more details are available in the Search & Navigation guide. # Treasury Department Subscribe The U.S. Department of the Treasury was established by act of 1789. The Treasury Department is responsible for promoting economic prosperity and ensuring the soundness and security of the U.S. and international financial systems. The Department 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, the collection of taxes, 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 improving the safeguards of our financial systems, implementing economic sanctions against foreign threats to the U.S., and identifying and targeting the financial support networks of national security threats. Agency URL: :
- What is treasury?
Knowledge hub Technical resources Best practice & resources The Treasurer magazine A career in treasury Blog Archive Wiki # What is treasury? ### ### Treasury is a key finance function that is vital to the financial health and success of every business, large or small. Treasury involves the management of money and financial risks in a business. Its priority is to ensure the business has the money it needs to manage its day-to-day business obligations, while also helping develop its long term financial strategy and policies. #### Where do treasury professionals work? [...] You can expect to be well rewarded, highly valued for your expertise and gain real satisfaction from knowing what you do can make a real difference to the success of any business. Whether you want to work for large multi-national organisation, a charity, government agency or a start-up, treasury offers a diverse and lucrative career that can set you on the path to the most senior roles in business and finance and open up doors to international opportunities. Adding a recognised ACT qualification and membership to your CV can further enhance your employability by demonstrating your commitment to achieving and maintaining the highest professional standards. It can also give you a valuable edge in a competitive marketplace. [...] Your role is about managing the money and financial risks in a business. This involves making sure the business has the capital it needs to manage its day-to-day business obligations, while helping develop its long term financial strategy and policies. You’ll do this by focusing on how and where to put money – while managing any associated risks – to add value and drive business success. Every business takes risks. It’s the treasury professional’s role to identify, assess and manage these risks so they support the business’s objectives. You’ll also help to identify and create new opportunities that could benefit the business. Treasury in action – some examples:
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Location Data
United States Department of the Treasury, 1500, Pennsylvania Avenue Northwest, Downtown, Ward 2, Washington, District of Columbia, 20006, United States
Coordinates: 38.8976061, -77.0343456
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