Concept information
Preferred term
Department of the Treasury
Definition
- Department whose primary function is the management of the monetary resources of the United States. Among other responsibilities, it regulates national banks, assesses and collects income taxes and customs duties, manufactures coins and bills, advises the president on international economic policy, reports the federal government's financial transactions, conducts international and domestic economic research, enforces tax and tariff laws, directs anti-counterfeiting operations, and provides protection for executive branch officials. [Source: Student's Guide to the Presidency; Department of the Treasury]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/Department_of_the_Treasury
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