The United States Department of the Treasury was established by act of Congress on 2 September 1789 to manage federal government revenue. It executes currency and coin production, collects federal taxes through the Internal Revenue Service, manages the national debt, supervises parts of the banking system and advises the President and Congress on fiscal policy; during the 2008 financial crisis and the 2020 pandemic recession, it administered the largest emergency spending and lending programs in the country's peacetime history alongside the Federal Reserve.
Facts
Founding Year Founding Date HeadquartersWashington, D.C., United States 1 Geography
Country or Jurisdiction ServedWikidata Q648666, property P17 (country). Classification
Institution SubtypeGovernment Treasury or Finance Ministry 1 United States Department of the Treasury
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Sources
1. Wikipedia
Wikimedia FoundationUnited States Department of the Treasury
The department was established by an act of Congress in 1789 to manage government revenue
Introduction, institution-subtype
The United States Department of the Treasury was established by act of Congress on 2 September 1789 to manage federal government revenue.
Associated With: COVID-19 Economic Stimulus, CARES Act
billion in one-time cash payments to individual people
View the Source 2. Wikidata
Wikimedia Foundation
Wikidata: United States Department of the Treasury
Wikidata Q648666, class allow-list match (w-wdresolver-0926)View the Source Reader Challenges (0)
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