United States Treasury Essay

The United States Treasury It is a common conception that money is power. America is one of the most financially influential nations in the world because it has an entire department, The United States Treasury, dedicated to its economic prosperity. This is why America is considered one of the most powerful countries in the world. The United States Treasury has a lot of history and wasn't easy to establish, nor has U.S. Treasury functions remained the same. However, it is clear what has happened over the years, and what it’s like now. Which will paint a vivid picture on how and why it has given the U.S. so much power. At its core function, the Treasury mints and prints money, and collects taxes through the Internal Revenue Services. Some of its other functions are to manage the department of Alcohol, Tobacco Tax and Trade Bureau, Financial Management Services, and the Bureau of Public Debt. Along with a few other departments that have since been moved to fall under the department of homeland security: the U.S. Customs Service, The Secret Service, and the Federal Law Enforcement Training Center. The building in which these offices are held is called the The Treasury Building. The United States Treasury was founded on September 2, 1789- a time when America was establishing itself - as the result of an act of Congress to
Because the department is responsible for promoting economic prosperity and also ensuring financial security for this country, it advises the President on issues both economic and financial to sustain financial and economic growth, along with improving financial institutions. The US treasury also works with other agencies, International financial institutions and other governments to raise living standards to prevent economic crisis. It also works with National Security to to prevent foreign threats that might threaten our financial