A | B | C | D | E | F | G | H | CH | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z | 0 | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9
| United States Secretary of the Treasury | |
|---|---|
 Seal of the U.S. Department of the Treasury | |
 Flag of the secretary | |
| United States Department of the Treasury | |
| Style | Madam Secretary (informal) The Honorable (formal) |
| Member of | Cabinet of the United States United States National Security Council |
| Reports to | President of the United States |
| Seat | Treasury Building Washington, D.C. |
| Appointer | President of the United States with Senate advice and consent |
| Term length | No fixed term |
| Constituting instrument | 31 U.S.C. § 301 |
| Precursor | Superintendent of Finance |
| Formation | September 11, 1789 |
| First holder | Alexander Hamilton |
| Succession | Fifth[1] |
| Deputy | United States Deputy Secretary of the Treasury[2] |
| Salary | Executive Schedule, Level I[3] |
| Website | treasury.gov |
.jpg)
The United States secretary of the treasury is the head of the United States Department of the Treasury, and is the chief financial officer of the federal government of the United States. The secretary of the treasury serves as the principal advisor to the president of the United States on all matters pertaining to economic and fiscal policy. The secretary is, by custom, a member of the president's cabinet and, by law, a member of the National Security Council.[4]
Under the Appointments Clause of the United States Constitution, the officeholder is nominated by the president of the United States, and, following a confirmation hearing before the Senate Committee on Finance, is confirmed by the United States Senate.
The secretary of state, the secretary of the treasury, the secretary of defense, and the attorney general are generally regarded as the four most important Cabinet officials, due to the size and importance of their respective departments.[5]
The current secretary of the treasury is Janet Yellen, who is the first woman to hold the office.[6][7]
Powers and functions
The Secretary is responsible for formulating and recommending domestic and international financial, economic, and tax policy, participating in the formulation of broad fiscal policies that have general significance for the economy, and managing the public debt. The Secretary oversees the activities of the Department in carrying out its major law enforcement responsibilities; in serving as the financial agent for the United States Government; and in manufacturing coins and currency. The Chief Financial Officer of the government, the Secretary serves as Chairman Pro Tempore of the President's Economic Policy Council, Chairman of the Boards and Managing Trustee of the Social Security and Medicare Trust Funds, and as U.S. Governor of the International Monetary Fund, the International Bank for Reconstruction and Development, the Inter-American Development Bank, the Asian Development Bank, and the European Bank for Reconstruction and Development.
— U.S. Department of the Treasury Web site[8]
The secretary along with the treasurer of the United States must sign Federal Reserve notes before they can become legal tender.[9] The secretary also manages the United States Emergency Economic Stabilization fund.[10]
Salary
The secretary of the treasury is a Level I position in the Executive Schedule,[3] thus earning the salary prescribed for that level (US$246,400, as of January 2024).[11]
List of secretaries of the treasury
 |
The United States secretary of the treasury is the head of the United States Department of the Treasury, and is the chief financial officer of the federal government of the United States. The secretary of the treasury serves as the principal advisor to the president of the United States on all matters pertaining to economic and fiscal policy. The secretary is, by custom, a member of the president's cabinet and, by law, a member of the National Security Council.[12]
Under the Appointments Clause of the United States Constitution, the officeholder is nominated by the president of the United States, and, following a confirmation hearing before the Senate Committee on Finance, is confirmed by the United States Senate.
- Parties
Federalist (4) Democratic-Republican (4) Democratic (30) Whig (5) Republican (34) Independent (1)
Status
.jpg)
.jpg)
_(cropped).jpg)
.jpg)
.jpg)
