Office of Fiscal Service (OFS)

The Office of Fiscal Service (OFS), part of the U.S. Department of the Treasury, manages the federal government's finances. This includes overseeing cash management, paying federal bills, and handling the government's accounting and reporting. OFS is responsible for issuing and servicing federal debt, ensuring the government can fund its operations while maintaining financial stability. By managing the government's monetary activities, the OFS plays a crucial role in supporting fiscal policy and ensuring public resources are used effectively.