Archive

Department of Treasury

Mission Statement

Organizations And Functions

The Department of the Treasury is organized into two major components: the Departmental Offices and the operating bureaus. The Departmental Offices are primarily responsible for the formulation of policy and management of the Department as a whole, while the operating bureaus carry out the specific operations assigned to the Department. The basic functions of the Department of the Treasury include:

-- Economic and fiscal policy

-- Government accounting cash, and debt management

-- Supervision of national banks and thrifts

-- Production of coin and currency

-- Assessment and collection of infernal revenue

-- International economic policy

-- Promulgation and enforcement of tax and tariff laws

-- Enforcement of customs and trade laws

-- Anti-counterfeiting operations and Executive protection

The Department Offices are composed of divisions headed by Assistant Secretaries who report to the Secretary, the Deputy Secretary, the Under Secretary for International Affairs, or the Under Secretary for Domestic Finance. Most of these divisions are located within the Main Treasury Building in Washington D.C. The twelve bureaus make up 98% of the Treasury work force, which totals approximately 160,000 people.

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