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 treasury executes currency circulation in the domestic fiscal system, collects all federal taxes through the Internal Revenue Service, manages U.S. government debt, 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 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.
US Treasury Department established by Congress
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.
Historical Significance
The Department of the Treasury (USDT) is the national treasury and finance department of the federal government of the United States.
Events Before
Emperor Joseph II's order for the Jews of Galicia, Austria, to adopt family names comes into effect
Emperor Joseph II's order for the Jews of Galicia, Austria, to adopt family names comes into effect
First elements of the First Fleet, carrying 736 convicts from England to Australia, arrive at Botany Bay to establish a
First elements of the First Fleet, carrying 736 convicts from England to Australia, arrive at Botany Bay to establish a penal colony
Captain Arthur Phillip and British colonists hoist the Union Flag at Sydney Cove, New South Wales, now celebrated as Aus
Captain Arthur Phillip and British colonists hoist the Union Flag at Sydney Cove, New South Wales, now celebrated as Australia Day; referred to as Invasion Day by First Nations people
US Constitution comes into effect when New Hampshire is the 9th state to ratify it
The United States Constitution has served as the supreme law of the United States since taking effect in 1789.
Prussia joins the Anglo-Dutch alliance to form the Triple Alliance to prevent the spread of the Russo-Swedish War of 178
Prussia joins the Anglo-Dutch alliance to form the Triple Alliance to prevent the spread of the Russo-Swedish War of 1788-90
Events After
First US President George Washington delivers the first State of the Union address
The 1790 State of the Union Address was the inaugural State of the Union address, delivered by President George Washington to the United States Congress on January 8, 1790, at the Senate Chamber of…
Wolfgang Amadeus Mozart's opera "Cosi Fan Tutte" premieres at the Burgtheater in Vienna, Austria
Wolfgang Amadeus Mozart's opera "Cosi Fan Tutte" premieres at the Burgtheater in Vienna, Austria
King Gustav III leads Swedish naval forces to victory over the Russian Baltic fleet during the Second Battle of Svensksu
King Gustav III leads Swedish naval forces to victory over the Russian Baltic fleet during the Second Battle of Svensksund, destroying or capturing one-third of the Russian ships and ending the Russo-Swedish War
French Revolution: The Civil Constitution of the Clergy is adopted, putting the Catholic Church in France under the cont
French Revolution: The Civil Constitution of the Clergy is adopted, putting the Catholic Church in France under the control of the state
Danish Crown Prince Frederick (Later Frederick VI) marries his cousin Marie Sophie of Hesse-Kassel at Gottorp Castle
Danish Crown Prince Frederick (Later Frederick VI) marries his cousin Marie Sophie of Hesse-Kassel at Gottorp Castle
More from the 1780s
John Walter publishes the first issue of his newspaper "The Daily Universal Register," which is renamed "The Times" of L
John Walter publishes the first issue of his newspaper "The Daily Universal Register," which is renamed "The Times" of London in 1788
Emperor Joseph II's order for the Jews of Galicia, Austria, to adopt family names comes into effect
Emperor Joseph II's order for the Jews of Galicia, Austria, to adopt family names comes into effect
Future US Chief Justice of the Supreme Court John Marshall (27) weds Mary Willis Ambler (16) at his cousin's home in Han
Future US Chief Justice of the Supreme Court John Marshall (27) weds Mary Willis Ambler (16) at his cousin's home in Hanover County, Virginia, until her death in 1831
British naval expedition led by Benedict Arnold burns Richmond, Virginia
The military career of Benedict Arnold in 1781 consisted of service in the British Army.
Frequently Asked Questions
- What happened on September 2, 1789?
- 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.
- Why is US Treasury Department established by Congress significant?
- The Department of the Treasury (USDT) is the national treasury and finance department of the federal government of the United States.