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The Bureau of Engraving and Printing (BEP) is a government agency within the United States Department of the Treasury that designs and produces a variety of security products for the United States government, most notable of which is Federal Reserve Notes (paper money) for the Federal Reserve, the nation's central bank.
The position has existed since 1862, when the United States Congress authorized the Treasury Department to begin printing paper money. Until the 1890s, the office was commonly known as Chief of the Bureau of Engraving and Printing. The Director operates with general directions provided by the United States Secretary of the Treasury.
The Sidney R. Yates Federal Building, historically known as the Bureau of Engraving and Printing and later the Auditor's Building Complex, is a large historic federal building located on the National Mall and built between 1878 and 1880 that has housed multiple federal government offices.
According to a history of the Bureau of Engraving and Printing, Clark became interested in the work of finishing new currency notes at the Treasury and gradually assumed increasingly greater responsibilities in the engraving, printing, and processing of U.S. Government currency and securities. He was a strong advocate for a distinct bureau ...
Turns out, the folks over at the Bureau of Printing and Engraving didn't "mash" things up in the run-up to the launch of the new $100 bill nearly as badly as had originally been reported.
It was not until 1877 (19 Stat. 353) that the Bureau of Engraving and Printing was given funding for labor, paper, transportation, and other expenses with the provision that all work be conducted on site, and for a price commensurate with that of the private bank note companies. On 1 October 1877, the BEP took over the production of both United ...
Some one dollar bills printed in 2014 and 2016 feature a mistake from the US Bureau of Engraving and Printing that could make them worth $150,000 by collectors.
Leonard R. Olijar is an American government official who had served as the director of the Bureau of Engraving and Printing from 2015 to 2023. As director, Olijar was responsible for managing the Bureau of Engraving and Printing, an agency within the United States Department of the Treasury tasked with producing Federal Reserve Notes, paper currencies, and United States Treasury securities.