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The secretary of state, the secretary of the treasury, the secretary of defense, and the attorney general are generally regarded as the four most important Cabinet officials, due to the size and importance of their respective departments. [5] The current secretary of the treasury is Janet Yellen, who is the first woman to hold the office. [6] [7]
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.
[7] The Commissioner reports to the Secretary of the Treasury through the Deputy Secretary of the Treasury. [8] One of the Commissioner's most important responsibilities with respect to the internal revenue laws is setting the Treasury Regulations administered by the IRS. The U.S. Treasury Regulations provide (in part): (a) Issuance.
These are some of the contenders for secretary of the treasury, according to media reports. The treasury secretary's responsibilities involve formulating and advising financial, economic and tax ...
President-elect Trump is expanding his search to lead the Treasury Department as the jockeying over who will fill the key economic role has spilled into public view. Investor Scott Bessent ...
The Treasury Secretary urged lawmakers to act "to protect the full faith and credit of the United States." ... The so-called Fiscal Responsibility Act of 2023, negotiated by President Biden and ...
Janet Louise Yellen (born August 13, 1946) is an American economist, currently serving as the 78th United States secretary of the treasury since January 26, 2021. She previously served as the 15th chair of the Federal Reserve from 2014 to 2018.
The treasury secretary is a high-level Cabinet position charged with advising the ... New York, said he agreed to take a more active role in Trump’s campaign after Hamas’ Oct. 7, 2023 attack ...