Department of the Treasury

The Department of the Treasury is an executive department of the United States that manages federal finances by collecting taxes and other revenue, borrowing funds, producing coins and currency, disbursing federal payments, and administering economic and financial sanctions. It also formulates fiscal, economic, and tax policy. Established by act of September 2, 1789 (1 Stat. 65), it is headed by the Secretary of the Treasury.

Secretary of the Treasury

Scott Bessent

Scott Bessent

Appointed 2025

CivLab//Executive