To ensure proper and efficient handling of the growing national debt in the face of weak economic and political ties between the colonies, the Congress, on February 17, 1776, designated a …

During the Revolutionary War, the Continental Congress performed the essential responsibilities of the Treasury Department, by receiving funds from foreign loans and state contributors. …

Sep 2, 2025 · In the early years of the United States, fiscal stability was paramount. Many of the Treasury’s functions—financing war, managing revenue, and keeping accounts—were already …

The treasury executes currency circulation in the domestic fiscal system, collects all federal taxes through the Internal Revenue Service, manages U.S. government debt, licenses and …

Nov 13, 2009 · With the ratification of the Constitution in 1789, the American government established a permanent Treasury Department in hopes of controlling the nation’s debt. …

2 days ago · Established in 1789, it advises the president on fiscal matters, serves as fiscal agent for the government, performs certain law-enforcement activities, manufactures currency and …

The second oldest department in the Federal government, the United States Department of the Treasury was created by the Congress on September 2, 1789. Besides fulfilling its …

Jul 6, 2023 · Key functions of the U.S. Treasury include printing bills, postage, and Federal Reserve notes, minting coins, collecting taxes, enforcing tax laws, managing all government …

Jun 10, 2025 · The United States Department of the Treasury was founded on September 2, 1789, and President George Washington named Alexander Hamilton as the first secretary. …

Dec 28, 2023 · The U.S. Treasury Department was created in 1789 to help the country borrow money and manage the debt. Alexander Hamilton was the first Secretary of the Treasury and …