Treasury Department

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Noun

Treasury Department - the federal department that collects revenue and administers federal finances; the Treasury Department was created in 1789

Department of the Treasury, United States Treasury, Treasury

U.S. Mint, United States Mint, US Mint - the mint that manufactures and distributes United States coins for circulation through Federal Reserve Banks; processes gold and silver bullion

executive department - a federal department in the executive branch of the government of the United States

Financial Crimes Enforcement Network, FinCEN - a law enforcement agency of the Treasury Department responsible for establishing and implementing policies to detect money laundering

ATF, Bureau of Alcohol Tobacco and Firearms - the law enforcement and tax collection agency of the Treasury Department that enforces federal laws concerning alcohol and tobacco products and firearms and explosives and arson

Financial Management Service - the federal agency in the Treasury Department that manages the government's disbursement and collection systems and provides central accounting and financial reporting

Office of Intelligence Support, OIS - agency that oversees the intelligence relationships of the Treasury's offices and bureaus and provides a link between the Intelligence Community and officials responsible for international economic policy

Comptroller of the Currency - the agency of the Treasury Department responsible for controlling the currency

Bureau of Customs, Customs Bureau, Customs Service, USCB - the agency of the Treasury Department that enforces import tariffs

Bureau of Engraving and Printing - the agency of the Treasury Department that produces currency

Internal Revenue Service, IRS - the bureau of the Treasury Department responsible for tax collections

References in classic literature ?

A tyrannical little beast of a quill-driver from the Treasury department. He was bullying the people of the house.

View in context

Bond (R-Mo.) and Congressman James Talent (R-Mo.)--as well as a Treasury Department proposal--has brought renewed hope for progress on the perennial problem of worker classification.

Worker classification: how do you spell relief?

Rather, it appeared to the council that the congressional intent was to accept the statutory scheme as a given and instead to examine the manner in which the federal banking agencies and the Treasury Department have implemented that scheme by means of regulations, policy statements, procedures, and recordkeeping requirements.

Statement by John P. LaWare, Member, Board of Governors of the Federal Reserve System, and Chairman, Federal Financial Institutions Examination Council, before the Subcommittee on Commerce, Consumer, and Monetary Affairs of the Committee on Government Operations, U.S. House of Representatives, March 17, 1993

The Treasury Department has not designated it or any Iranian bank as a "money laundering entity" for Iran-related transactions (under Section 311 of the USA Patriot Act).

Banking and finance: Treasury Department financial measures and CISADA

Once the Treasury department and the extended users of treasury information operate within the same system of features and controls, better communication and smoother audits and Sarbanes-Oxley compliance will occur.

The changing face of treasury technology: technology has given the treasury function the ability to pinpoint global positions and enable better decision-making and fund-centralization activities

(1) Other congressional actions, such as passage of the Sarbanes-Oxley Act, and the rulemaking and enforcement activities of the Securities and Exchange Commission and the Public Company Accounting Oversight Board pursuant to the authority granted by that Act have complemented the Treasury Department and IRS's efforts to curb tax shelters.

Comments on revenue offset provisions in Senate tax reconciliation bill: January 10, 2006

"After conducting an extensive search of office space on the market, the Bank's Treasury Department and Putnam Lovell decided that Equity Office was able to offer both companies a variety of space options and the flexibility to grow and expand, as needed," commented Tunis.

Canadians lease 34,000 s/f at Park Ave. tower

The Treasury Department reports an increase in the number of transfers below the current reporting thresholds from the United States to Colombia, attributing it to drug dealers sending money to their higher-ups in South America.

Don't leave home

The mechanism by which notes are placed into circulation is rather different: (1) The cost of new bank notes enters the federal budget indirectly: New notes are purchased by the Federal Reserve from the Bureau of Engraving and Printing, a unit of the Treasury Department, at a price set to recover the Bureau's full cost of production.

Statement by Theodore E. Allison, Assistant to the Board for Federal Reserve System Affairs, Board of Governors of the Federal Reserve System, before the Task Force on Economic Policy, Projections, and Revenues of the Committee on the Budget, U.S. House of Representatives, May 28, 1992

Thus far, the Treasury Department has not designated any bank as a "money laundering entity" for Iran-related transactions (under Section 311 of the USA Patriot Act).