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The Assistant Secretary of the Treasury for Management, Chief Financial Officer, and Chief Performance Officer (ASM/CFO/CPO) is the principal policy advisor to the Secretary and Deputy Secretary on the development and execution of the budget for the Department of the Treasury and the internal management of the Department and its bureaus.
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 ...
The treasury of a country is the department responsible for the country's economy, finance and revenue. The treasurer is generally the head of the treasury, although, in some countries (such as the United Kingdom or the United States) the treasury reports to a Secretary of the Treasury or Chancellor of the Exchequer. [citation needed]
In the state and territorial governments of the United States, 54 of the 56 states and territories have the executive position of treasurer. New York abolished the office of New York State Treasurer in 1926, in which the duties were transferred to the New York State Comptroller.
According to the U.S. statute, there are eight Assistant Secretaries of the Treasury appointed by the President of the United States with the advice and consent of the United States Senate. Two Assistant Secretaries (Public Affairs and Management), appointed by the President, do not require confirmation.
Unlike other policy positions, the Treasury Secretary needs an understanding of financial markets, which nowadays are global. A blowup in the foreign-exchange markets somewhere can affect the U.S ...
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