Bureau of the Fiscal Service financial management and shared services. The Fiscal Service replaced the Bureau of the Public Debt and the Financial Management Service effective October 7, 2012 per directive of Treasury Secretary Timothy Geithner. The Bureau manages the government's accounting, central payment systems, and public debt. Among its duties is to collect any voluntary donations made to the government for reduction of the public debt. Bureau of the Fiscal Service The Bureau of the Fiscal Service (Fiscal Service) is a bureau of the U.S. Department of the Treasury, an agency of the United States federal government. The mission of the Fiscal Service is
Financial system have full banking licenses. Non-bank financial institutions include: Financial markets are markets in which securities, commodities, and fungible items are traded at prices representing supply and demand. The term "market" typically means the institution of aggregate exchanges of possible buyers and sellers of such items. The primary market (or initial market) generally refers to new issues of stocks, bonds, or other financial instruments. The primary market is divided in two segment, the money market and the capital market. The secondary market refers to transactions in financial instruments that were previously issued. Financial instruments are tradable financial assets of any kind.