treasury department
Public finance agency
A treasury department is the division of government responsible for managing public finances—collecting taxes, paying government debts, and overseeing currency.
In the United States, the Treasury Department also includes agencies like the IRS and Secret Service.
Corporations have treasury departments that manage cash flow and investments: The treasury department handles all our foreign exchange risk.
- revenue collectionSecuring payments owed
- taxationCompulsory government revenue collection
- Secret ServiceFederal protective law enforcement
- billAmount owed, written
- budgetingAllocating funds systematically
public expenditure · fiscal policy · Hamilton · bonds · government bonds · mint · fraud prevention · Fort Knox · monetary policy · savings bonds · vault · cash reserves · trade policy · seal · banking regulations · tax authority · coin · tax reform
- Economic Bodieseconomic council, finance ministry, central bank, budget office, trade commission
- mintingcoinage, minter, coiner, mintmarks, die maker
- tax agenciesIRS, tax authority, tax office, tax bureau, tax board
- US bankingFDIC, Fed, national banks, bank runs, bank failures
- monetary policyinflation, central banking, deflation, central bank, money supply
treasury departmentcentral bank
National currency management institution
Federal Reserve · defense department · welfare agencies · entitlement programs · appropriations committee
treasury departmentprivate bank
Exclusive wealth management institution
Wall Street · investment bank · private equity firm · hedge fund
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