Secretary of treasury 2013

Head of the United States Department of the Treasury

"Secretary of the Treasury" redirects here. For other uses, see Secretary of the Treasury (disambiguation). Not to be confused with Treasurer of the United States.

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] and fifth in the U.S.

presidential line of succession.

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, will take the office if confirmed by the majority of the full United States Senate.

Secretary of treasury biography graphic organizer pdf Expository nonfiction provides an explanation or directions. Encourage them to make notes on post-its and mark the spots in the text. Both signatures are engraved onto plates at the Bureau of Engraving and Printing, where they are printed and submitted to the Federal Reserve, which determines what currency will be added to circulation. Howell Cobb.

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$,, as of January ).^[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.

Biography essay graphic organizer Benjamin Harrison — Albert Gallatin. Math by grade. This article incorporates text from this source, which is in the public domain.

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

&#;&#;Denotes an acting secretary of the treasury

No.	Portrait	Name	State of residence	Took office	Left office	President(s)
1		Alexander Hamilton	New York	September 11,	January 31,	George Washington (–)
2		Oliver Wolcott Jr.	Connecticut	February 3,	December 31,
						John Adams (–)
3		Samuel Dexter	Massachusetts	January 1,	May 13,
						Thomas Jefferson (–)
4		Albert Gallatin	Pennsylvania	May 14,	February 8,	James Madison (–)
5		George W. Campbell	Tennessee	February 9,	October 5,
6		Alexander Dallas	Pennsylvania	October 6,	October 21,
–		William Jones Acting[a]	Pennsylvania	October 21,	October 22,
7		William H. Crawford	Georgia	October 22,	March 6,
						James Monroe (–)
8		Richard Rush	Pennsylvania	March 7,	March 5,	John Quincy Adams (–)
9		Samuel D. Ingham	Pennsylvania	March 6,	June 20,	Andrew Jackson (–)
10		Louis McLane	Delaware	August 8,	May 28,
11		William J. Duane	Pennsylvania	May 29,	September 22,
12		Roger B. Taney	Maryland	September 23,	June 25,
13		Levi Woodbury	New Hampshire	July 1,	March 3,
						Martin Van Buren (–)
14		Thomas Ewing	Ohio	March 4,	September 11,	William Henry Harrison ()
						John Tyler (–)
15		Walter Forward	Pennsylvania	September 13,	March 1,
16		John Canfield Spencer	New York	March 8,	May 2,
17		George M. Bibb	Kentucky	July 4,	March 7,
18		Robert J. Walker	Mississippi	March 8,	March 5,	James K. Polk (–)
19		William M. Meredith	Pennsylvania	March 8,	July 22,	Zachary Taylor (–)
20		Thomas Corwin	Ohio	July 23,	March 6,	Millard Fillmore (–)
21		James Guthrie	Kentucky	March 7,	March 6,	Franklin Pierce (–)
22		Howell Cobb	Georgia	March 7,	December 8,	James Buchanan (–)
23		Philip Francis Thomas	Maryland	December 12,	January 14,
24		John Adams Dix	New York	January 15,	March 6,
25		Salmon P. Chase	Ohio	March 7,	June 30,	Abraham Lincoln (–)
26		William P. Fessenden	Maine	July 5,	March 3,
27		Hugh McCulloch	Indiana	March 9,	March 3,
						Andrew Johnson (–)
28		George S. Boutwell	Massachusetts	March 12,	March 16,	Ulysses S. Grant (–)
29		William Adams Richardson	Massachusetts	March 17,	June 3,
30		Benjamin Bristow	Kentucky	June 4,	June 20,
31		Lot M. Morrill	Maine	July 7,	March 9,
32		John Sherman	Ohio	March 10,	March 3,	Rutherford B. Hayes (–)
33		William Windom	Minnesota	March 8,	November 13,	James A. Garfield ()
						Chester A. Arthur (–)
34		Charles J. Folger	New York	November 14,	September 4,
35		Walter Q. Gresham	Indiana	September 5,	October 30,
36		Hugh McCulloch	Indiana	October 31,	March 7,
37		Daniel Manning	New York	March 8,	March 31,	Grover Cleveland (–)
38		Charles S. Fairchild	New York	April 1,	March 6,
39		William Windom	Minnesota	March 7,	January 29,	Benjamin Harrison (–)
40		Charles Foster	Ohio	February 25,	March 6,
41		John G. Carlisle	Kentucky	March 7,	March 5,	Grover Cleveland (–)
42		Lyman J. Gage	Illinois	March 6,	January 31,	William McKinley (–)
						Theodore Roosevelt (–)
43		L. M. Shaw	Iowa	February 1,	March 3,
44		George B. Cortelyou	New York	March 4,	March 7,
45		Franklin MacVeagh	Illinois	March 8,	March 5,	William Howard Taft (–)
46		William Gibbs McAdoo	New York	March 6,	December 15,	Woodrow Wilson (–)
47		Carter Glass	Virginia	December 16,	February 1,
48		David F. Houston	Missouri	February 2,	March 3,
49		Andrew Mellon	Pennsylvania	March 4,	February 12,	Warren G. Harding (–)
						Calvin Coolidge (–)
						Herbert Hoover (–)
50		Ogden L. Mills	New York	February 13,	March 4,
51		William H. Woodin	New York	March 5,	December 31,	Franklin D. Roosevelt (–)
52		Henry Morgenthau Jr.	New York	January 1,	July 22,
53		Fred M. Vinson	Kentucky	July 23,	June 23,	Harry S. Truman (–)
54		John Wesley Snyder	Missouri	June 25,	January 20,
55		George M. Humphrey	Ohio	January 21,	July 29,	Dwight D. Eisenhower (–)
56		Robert Anderson	Connecticut	July 29,	January 20,
57		C. Secretary of treasury biography graphic organizer Word walls. Dam Acting [ b ]. Presidential line of succession in the United States. John C. Douglas Dillon	New Jersey	January 21,	April 1,	John F. Kennedy (–)
						Lyndon B. Johnson (–)
58		Henry H. Fowler	Virginia	April 1,	December 20,
59		Joseph W. Barr	Indiana	December 21,	January 20,
60		David Kennedy	Utah	January 22,	February 10,	Richard Nixon (–)
61		John Connally	Texas	February 11,	June 12,
62		George Shultz	Illinois	June 12,	May 8,
63		William E. Simon	New Jersey	May 8,	January 20,
						Gerald Ford (–)
64		W. Michael Blumenthal	Michigan	January 23,	August 4,	Jimmy Carter (–)
65		G. William Miller	Rhode Island	August 7,	January 20,
66		Donald Regan	New Jersey	January 22,	February 1,	Ronald Reagan (–)
67		James Baker	Texas	February 4,	August 17,
–		M. Peter McPherson Acting[b]	Michigan	August 17,	September 15,
68		Nicholas F. Brady	New Jersey	September 15,	January 17,
						George H. W. Bush (–)
69		Lloyd Bentsen	Texas	January 20,	December 22,	Bill Clinton (–)
–		Frank N. Newman Acting[b]	Massachusetts	December 22,	January 11,
70		Robert Rubin	New York	January 11,	July 2,
71		Lawrence Summers	Massachusetts	July 2,	January 20,
72		Paul H. O'Neill	Pennsylvania	January 20,	December 31,	George W. Bush (–)
–		Kenneth W. Dam Acting[b]	Illinois	December 31,	February 3,
73		John W. Snow	Virginia	February 3,	June 30,
–		Robert M. Kimmitt Acting[b]	Virginia	June 30,	July 10,
74		Henry Paulson	Illinois	July 10,	January 20,
–		Stuart A. Levey Acting[c]	Ohio	January 20,	January 26,	Barack Obama (–)
75		Timothy Geithner	New York	January 26,	January 25,
–		Neal S. Wolin Acting[b]	Illinois	January 25,	February 28,
76		Jack Lew	New York	February 28,	January 20,
–		Adam Szubin Acting[c]	Washington, D.C.	January 20,	February 13,	Donald Trump (–)
77		Steven Mnuchin	California	February 13,	January 20,
–		Andy Baukol Acting[d]	Virginia	January 20,	January 26,	Joe Biden (–)
78		Janet Yellen	California	January 26,	Incumbent

Succession

The secretary of the treasury is fifth in the presidential line of succession, following the secretary of state and preceding the secretary of defense.^[1]

Succession within the Department

On August 16, , President Barack Obama signed Executive Order , which changed the order of succession for filling the Treasury Secretary's role when necessary.

At any time when the secretary and the deputy secretary of the treasury have both died, resigned, or cannot serve as secretary for other reasons, the order designates which Treasury officers are next in line to serve as acting secretary.

The order of succession is:^[13]

Notes

References