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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.
In Australia, the Treasurer is a senior minister and usually the second or third most important member of the government after the Prime Minister and Deputy Prime Minister. Each Australian state and self-governing territory also has its own treasurer. [citation needed] From 1867 to 1993, Ontario's Minister of Finance was called the Treasurer of ...
The state treasurer serves as the chief custodian of each state's treasury and as the state's head banker. Typically, they receive and deposit state monies, manages investments, and keeps track of budget surpluses and deficits .
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Louisiana Treasurer John Fleming, pictured here in an Aug. 8, 2023 file photo, said President-elect Donald Trump has contacted him about a possible appointment in the administration.
The 2024 United States state treasurer elections were held on November 5, 2024, to elect the state treasurer and equivalents in nine states, plus a special election in Arkansas. The previous elections for this group of states took place in 2020. The treasurer of Vermont serves two-year terms and was last elected in 2022.
The treasurer also serves on boards that oversee state pension funds and has a voice in how these funds are managed and invested. Other board-related activities allow the treasurer to help provide Pennsylvania schools with tax-exempt financing for modernization, make grants to distressed communities, and finance the purchase of rental housing ...
The treasurer of the United States has limited statutory duties, but advises the Secretary on various matters such as coinage and currency production. [4] Signatures of both officials appear on all Federal Reserve notes. [5] The department was established by an Act of Congress in 1789 to manage government revenue. [6]