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The United States secretary of the treasury is the head of the United States Department of the Treasury, and is the chief financial officer of the federal government of the United States. The secretary of the treasury serves as the principal advisor to the president of the United States on all matters pertaining to economic and fiscal policy.
In 1861, Sophia Holmes became the first Black woman to be employed by the Treasury Department and by the Federal government of the United States when Senator Henry Wilson, James G. Blaine and others advocated for her hiring as a janitor under Secretary of the Treasury Francis Spinner. She was paid fifteen dollars per month.
The chief of staff to the secretary of the Treasury is the coordinator of the supporting staff, primary aide to the United States Secretary of the Treasury and, as deputy secretary, has authority to stand in for the secretary. According to Treasury Order 101-05, the chief of staff "shall report directly to the Secretary and shall exercise ...
The treasury secretary is a high-level Cabinet position charged with advising the president on matters related to financial, economic and tax policy.
WEST PALM BEACH, Florida, SAN FRANCISCO (Reuters) -Prominent investor Scott Bessent met with Donald Trump on Friday as he and fellow investor John Paulson emerge as leading candidates for the key ...
The United States federal executive departments are the principal units of the executive branch of the federal government of the United States.They are analogous to ministries common in parliamentary or semi-presidential systems but (the United States being a presidential system) they are led by a head of government who is also the head of state.
Bessent, the 62-year-old founder of Key Square Group, has repeatedly backed the president-elect's pro-tariff stance in a series of op-eds and media appearances over the past year.
Federal law requires both the treasurer's signature and the treasury secretary's countersignature for Federal Reserve notes to be considered legal tender. [4] Moreover, the treasurer serves as a senior advisor and representative of the Treasury Department on behalf of the secretary in the areas of community development and public engagement. [3]