Treasury Department (U.S.)

The U.S. Department of the Treasury is a government agency responsible for managing the nation’s finances. It oversees the production of currency, formulates economic policy, and collects taxes. The Treasury manages federal spending, pays government bills, and borrows money by issuing bonds. It also enforces financial regulations and combats financial crimes. Key components include the IRS (tax collection), the Bureau of Engraving and Printing (currency production), and the Office of Financial Stability (which manages financial crises). Overall, the Treasury plays a vital role in ensuring the economic stability and financial security of the United States.