Chancellor of the Exchequer of its interest rates. The chancellor also has oversight of public spending across Government departments. The holder of the office of Chancellor of the Exchequer is "ex officio" Second Lord of the Treasury as a member of the commission exercising the ancient office of Lord High Treasurer. As the Second Lord, his official residence is 11 Downing Street in London, next door to the residence of the First Lord of the Treasury (a title that has for many years been held by the prime minister), who resides in 10 Downing Street. While in the past both houses were private residences,
Register of the Treasury in the administration of Woodrow Wilson. Wilson appointed an African-American, Adam E. Patterson, for the position of Register of the Treasury. Southern senators, like Hoke Smith, James K. Vardaman, and Ben Tillman, were opposed to Patterson because of his race. They said they were opposed to any African-American for an office which would put them over Caucasian women. Patterson quickly withdrew his name, and, therefore, was unconfirmed. Wilson appointed a white man, Gabe E. Parker, to the Register of Treasury. Parker was the first white man to hold the position in fifteen years. The Treasury had eighteen Registers between 1861