DEFINITION
Department of the Treasury (TREAS DEPT)

The Department of the Treasury (TREAS DEPT) is the executive agency responsible for promoting economic prosperity and ensuring the financial security of the United States. TREAS DEPT is responsible for a wide range of activities, such as advising the President on economic and financial issues, encouraging sustainable economic growth, and fostering improved governance in financial institutions. The Department operates and maintains systems that are critical to the Nation’s financial infrastructure, such as producing coins and currency, disbursing payments to the public, collecting revenue, and borrowing funds necessary to run the Federal Government.

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