U.S. Department of Treasury: History Overview

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U.S. Department of Treasury: History Overview

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U.S. Department of Treasury: History Overview Learn about the history of the Treasury Department, its organizational growth, the development of our functions and stories of the Treasury bureaus.

Introduction:

The management of the money resources of the United States has always been the primary function of the Department of the Treasury. Whether it is regulating national banks, determining international economic policy, collecting income and excise taxes, issuing securities, reporting the government's daily financial transactions, or manufacturing coins or bills for circulation, the one concern that still ties together the activities of the Department of the Treasury is money.

Though formally established as an executive department by the First Session of Congress in 1789, many functions of the Department of the Treasury were being carried out even before the signing of the Declaration of Independence thirteen years earlier. Over the decades, the functions of the Department have expanded and grown more sophisticated to meet the needs of a developing nation.

Today, the Department of the Treasury remains the premier financial institution of the United States with a full-time agenda of accounting, revenue collection, money production, and economic policy formulation.

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Contents:
Introduction. 1
History. 2
Organization and Functions. 14
Departmental Offices. 16
Bureaus . 17
Secretaries of the Treasury. 26
Treasurers of the United States. 32

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Treasurers of the United States: Administration

1. Michael Hillegas, Pennsylvania
July 29, 1775 – September 11, 1789

2. Samuel Meredith, Pennsylvania
September 11, 1789 – March 3, 1797 Washington
March 4, 1797 – March 3, 1801 J. Adams
March 4, 1801 – October 31, 1801 Jefferson

3. Thomas T. Tucker, South Carolina
December 1, 1801 – March 3, 1809 Jefferson
March 4, 1809 – March 3, 1817 Madison
March 4, 1817 – March 3, 1825 Monroe
March 4, 1825 – May 2, 1828 J.Q. Adams

4. William Clark, Pennsylvania
June 4, 1828 – March 3, 1829 J.Q. Adams
March 4, 1829 – May 31, 1829 Jackson

5. John Campbell, Virginia
May 26, 1829 – March 3, 1837 Jackson
March 4, 1837 – July 20, 1839 Van Buren

6. William Selden, Virginia
July 22, 1839 – March 3, 1841 Van Buren
March 4, 1841 – April 4, 1841 W.H. Harrison
April 5, 1841 – March 3, 1845 Tyler
March 4, 1845 – March 3, 1849 Polk
March 4, 1849 – July 9, 1850 Taylor
July 10, 1850 – November 23, 1850 Fillmore

7. John Sloane, Ohio
November 27, 1850 – March 3, 1853 Fillmore
March 4, 1853 – April 1, 1853 Pierce

8. Samuel Casey, Kentucky
April 4, 1853 – March 3, 1857 Pierce
March 4, 1857 – December 22, 1859 Buchanan

9. William C. Price, Missouri
February 28, 1860 – March 3, 1861 Buchanan
March 4, 1861 – March 21, 1861 Lincoln

10. Francis E. Spinner, New York
March 16, 1861 – April 15, 1865 Lincoln
April 15, 1865 – March 3, 1869 A. Johnson
March 4, 1869 – June 30,1875 Grant

11. John C. New, Indiana
June 30, 1875 – July 1, 1876 Grant

12. Albert U. Wyman, Wisconsin
July 1, 1876 – March 3, 1877 Grant
March 4, 1877 – June 30, 1877 Hayes

13. James Gilfillan, Connecticut
July 1, 1877 – March 3, 1881 Hayes
March 4, 1881 – September 19, 1881 Garfield
September 20, 1881 – March 31, 1883 Arthur

14. Albert U. Wyman, Wisconsin
April 1, 1883 – March 3, 1885 Arthur
March 4, 1885 – April 30, 1885 Cleveland

15. Conrad N. Jordan, New York
May 1, 1885 – May 23, 1887 Cleveland

16. James W. Hyatt, Connecticut
May 24, 1887 – March 3, 1889 Cleveland

17. James N. Huston, Indiana
May 11, 1889 – April 13, 1891 B. Harrison

18. Enos H. Nebecker, Indiana
April 25, 1891 – March 3, 1893 B. Harrison
March 4, 1893 – May 31, 1893 Cleveland

19. Daniel N. Morgan, Connecticut
June 1, 1893 – March 3, 1897 Cleveland
March 4, 1897 – June 30, 1897 McKinley

20. Ellis H. Roberts, New York
July 1, 1897 – September 14, 1901 McKinley
September 14, 1901 – June 30, 1905 T. Roosevelt

21. Charles H. Treat, New York
July 1, 1905 – March 3, 1909 T. Roosevelt
March 4, 1909 – October 30, 1909 Taft

22. Lee McClung, Tennessee
November 1, 1909 – November 21, 1912 Taft

23. Carmi A. Thompson, Ohio
November 22, 1912 – March 3, 1913 Taft
March 4, 1913 – March 31, 1913 Wilson

24. John Burke, North Dakota
April 1, 1913 – January 5, 1921 Wilson

25. Frank White, North Dakota
May 2, 1921 – August 2, 1923 Harding
August 3, 1923 – May 1, 1928 Coolidge

26. H. Theodore Tate, Tennessee
May 31, 1928 – January 17, 1929 Coolidge

27. Walter O. Woods, Kansas
January 18, 1929 – March 3, 1929 Coolidge
March 4, 1929 – March 3, 1933 Hoover
March 4, 1933 – May 31, 1933 F.D. Roosevelt

28. William A. Julian, Ohio
June 1, 1933 – April 12, 1945 F.D. Roosevelt
April 12, 1945 – May 29, 1949 Truman

29. Georgia Neese Clark, Kansas
June 21, 1949 – January 20, 1953 Truman
January 20, 1953 – January 27, 1953 Eisenhower

30. Ivy Baker Priest, Utah
January 28, 1953 – January 20, 1961 Eisenhower

31. Elizabeth Rudel Smith, California
January 31, 1961 – April 13, 1962 Kennedy

32. Kathryn O’Hay Granahan, Pennsylvania
January 9, 1963 – November 22, 1963 Kennedy
November 22, 1963 – October 13, 1966 L.B. Johnson

33. Dorothy Andrews Elston, Delaware
May 8, 1969 – September 17, 1970 Nixon
Dorothy Andrews Kabis, Delaware
September 17, 1970 – July 3, 1971 Nixon

34. Romana Acosta Banuelos, California
December 17, 1971 – February 14, 1974 Nixon

35. Francine Irving Neff, New Mexico
June 21, 1974 – August 9, 1974 Nixon
August 9, 1974 – January 19, 1977 Ford

36. Azie Taylor Morton, Texas
September 12, 1977 – January 20, 1981 Carter

37. Angela Marie Buchanan, District of Columbia
March 20, 1981 – July 5, 1983 Reagan

38. Katherine Davalos Ortega, New Mexico
September 26, 1983 – January 20, 1989 Reagan
January 20, 1989 – July 1, 1989 G.H. Bush

39. Catalina Vasquez Villalpando, Texas
December 11, 1989 – January 20, 1993 G.H. Bush