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The secretary of the treasury serves as the principal advisor to the president of the United States on all matters pertaining to economic and fiscal policy. The secretary is, by custom, a member of the president's cabinet and, by law, a member of the National Security Council, [4] and fifth in the U.S. presidential line of succession.
Michael Hillegas was first called Treasurer of the United States on May 14, 1777. The Treasury Office was reorganized three times between 1778 and 1781. The $241.5 million in paper Continental bills devalued rapidly. By May 1781, the dollar collapsed at a rate of from 500 to 1000 to 1 against hard currency.
By law, the treasurer is the depositary officer of the United States with regard to deposits of gold, special drawing rights, [2] and financial gifts to the Library of Congress. [3] The treasurer also directly oversees the Bureau of Engraving and Printing (BEP) and the United States Mint, which respectively print and mint U.S. currency and coinage.
Below is a list of nominations and appointments to the Department of the Treasury by Joe Biden, the 46th president of the United States. As of June 28, 2024, according to tracking by The Washington Post and Partnership for Public Service, 13 nominees have been confirmed, 5 nominees are being considered by the Senate, 7 positions do not have nominees, and 12 appointments have been made to ...
Became President of the World Bank. Assistant Secretary of the Treasury (Financial Institutions) Christopher Campbell: September 25, 2017 July 31, 2018 Bimal Patel: June 27, 2019 July 1, 2020 [33] Assistant Secretary of the Treasury (Legislative Affairs) Drew Maloney [34] August 2017 June 11, 2018 Assistant Secretary of the Treasury (Public ...
There are considerable variations in the composition and responsibilities of corporate titles. Within the corporate office or corporate center of a corporation, some corporations have a chairman and chief executive officer (CEO) as the top-ranking executive, while the number two is the president and chief operating officer (COO); other corporations have a president and CEO but no official deputy.
The first president, George Washington, won a unanimous vote of the Electoral College. [4] Grover Cleveland served two non-consecutive terms and is therefore counted as the 22nd and 24th president of the United States, giving rise to the discrepancy between the number of presidencies and the number of individuals who have served as president. [5]
One of Donald Trump's first acts as president was the approval of Mattis's waiver to become Secretary of Defense. After being confirmed by the Senate on the evening of January 20, 2017, in a vote of 98–1, Mattis was sworn in by Vice President Pence on the same evening. [136]