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By law, the treasurer is the depositary officer of the United States with regard to deposits of gold, special drawing rights, [1] and financial gifts to the Library of Congress. [2] The treasurer also directly oversees the Bureau of Engraving and Printing (BEP) and the United States Mint, which respectively print and mint U.S. currency and coinage.
Michael Hillegas was first called Treasurer of the United States on May 14, 1777. The Treasury Office was reorganized three times between 1778 and 1781. The $241.5 million in paper Continental bills devalued rapidly. By May 1781, the dollar collapsed at a rate of from 500 to 1000 to 1 against hard currency.
The treasury of a country is the department responsible for the country's economy, finance and revenue. The treasurer is generally the head of the treasury, although, in some countries (such as the United Kingdom or the United States) the treasury reports to a Secretary of the Treasury or Chancellor of the Exchequer. [citation needed]
See Treasurer of the United States for a description of the office and a chronological list of those holding the post. Pages in category "Treasurers of the United States" The following 44 pages are in this category, out of 44 total.
In May 2009, President Barack Obama nominated Rios to be Treasurer of the United States and was confirmed by the Senate unanimously in July 2009. Rios was sworn in on August 20, 2009. [ 16 ] Her signature was initially taken on her first day of the job (August 6), [ 17 ] and first appeared on US paper currency the day after Thanksgiving 2009.
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Azie Taylor Morton (February 1, 1936 – December 7, 2003) was the Treasurer of the United States during the Carter administration from September 12, 1977, to January 20, 1981. She remains the only African American to hold that office. Her signature was printed on US currency during her tenure. [1]
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. The secretary is, by custom, a member of the president's cabinet and, by law, a member of the National Security Council. [10] Under the Appointments Clause of the United States Constitution ...