Teamwork and Leadership. No man is an island, entire of itself; every man is a piece of a continent. âJohn Donne, English poet, 1572â1631. In this text, youâll explore answers to these questions:
Treasury Department. The U.S. Department of the Treasury performs four basic functions: formulating and recommending economic, financial, tax, and fiscal policies; serving as financial agent for the U.S. government; enforcing the law; and manufacturing coins and currency. The Treasury Department was created by an act of September 2, 1789 (31 U.S.C.A. Â§ 301). Many subsequent acts have affected the development of the department and created its numerous bureaus and divisions.
The office of the Secretary of the Treasury is arguably the top financial position in the United States and, by virtue of Americaâs economic strength, one of the top financial figures in the world. The Secretaryâs control of the U.S. banking system and federal government operations directly influences the national economy as a whole.