Portal:Department of the Treasury/Section 1: Difference between revisions

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==Organization==
The Department of the Treasury is organized into two major components: the departmental offices and the operating bureaus. The departmental offices are primarily responsible for the formulation of policy and management of the department as a whole, while the operating bureaus carry out the specific operations assigned to the department.
The Department of the Treasury is organized into two major components: the departmental offices and the operating bureaus. The departmental offices are primarily responsible for the formulation of policy and management of the department as a whole, while the operating bureaus carry out the specific operations assigned to the department.


===Structure===
===Structure===
[[File:Seal on United States Department of the Treasury on the Building.JPG|thumb|Seal on United States Department of the Treasury on the Building]]
* [[Secretary of the Treasury]]<ref name="101-05">[http://www.treasury.gov/about/role-of-treasury/orders-directives/Pages/to101-05.aspx Treasury Order 101-05] {{Webarchive|url=https://web.archive.org/web/20210319075827/https://www.treasury.gov/about/role-of-treasury/orders-directives/Pages/to101-05.aspx |date=March 19, 2021 }}, U.S. Dept. of the Treasury. January 10, 2011. Updated April 26, 2011. Accessed November 11, 2012.</ref>
* [[Secretary of the Treasury]]<ref name="101-05">[http://www.treasury.gov/about/role-of-treasury/orders-directives/Pages/to101-05.aspx Treasury Order 101-05] {{Webarchive|url=https://web.archive.org/web/20210319075827/https://www.treasury.gov/about/role-of-treasury/orders-directives/Pages/to101-05.aspx |date=March 19, 2021 }}, U.S. Dept. of the Treasury. January 10, 2011. Updated April 26, 2011. Accessed November 11, 2012.</ref>
** [[United States Deputy Secretary of the Treasury|Deputy Secretary of the Treasury]]
** [[United States Deputy Secretary of the Treasury|Deputy Secretary of the Treasury]]

Revision as of 21:04, 3 December 2024

The Department of the Treasury is organized into two major components: the departmental offices and the operating bureaus. The departmental offices are primarily responsible for the formulation of policy and management of the department as a whole, while the operating bureaus carry out the specific operations assigned to the department.

Structure

Bureaus

Bureau Description
Alcohol and Tobacco Tax and Trade Bureau (TTB) The Alcohol and Tobacco Tax and Trade Bureau (TTB) is responsible for enforcing and administering laws covering the production, use, and distribution of alcohol and tobacco products. TTB also collects excise taxes for firearms and ammunition.
Bureau of Engraving & Printing (BEP) The Bureau of Engraving & Printing (BEP) designs and manufactures U.S. currency, securities, and other official certificates and awards.
Bureau of the Fiscal Service The Bureau of the Fiscal Service was formed from the consolidation of the Financial Management Service and the Bureau of the Public Debt. Its mission is to promote the financial integrity and operational efficiency of the U.S. government through exceptional accounting, financing, collections, payments, and shared services.
Community Development Financial Institution (CDFI) Fund The Community Development Financial Institution (CDFI) Fund was created to expand the availability of credit, investment capital, and financial services in distressed urban and rural communities.
Financial Crimes Enforcement Network (FinCEN) The Financial Crimes Enforcement Network (FinCEN) supports law enforcement investigative efforts and fosters interagency and global cooperation against domestic and international financial crimes. It also provides U.S. policymakers with strategic analyses of domestic and worldwide trends and patterns.
Inspector General The Inspector General conducts independent audits, investigations and reviews to help the Treasury Department accomplish its mission; improve its programs and operations; promote economy, efficiency and effectiveness; and prevent and detect fraud and abuse.
Treasury Inspector General for Tax Administration (TIGTA) The Treasury Inspector General for Tax Administration (TIGTA) provides leadership and coordination and recommends policy for activities designed to promote economy, efficiency, and effectiveness in the administration of the internal revenue laws. TIGTA also recommends policies to prevent and detect fraud and abuse in the programs and operations of the IRS and related entities.
Internal Revenue Service The Internal Revenue Service (IRS) is the largest of Treasury's bureaus. It is responsible for determining, assessing, and collecting internal revenue in the United States.
Office of the Comptroller of the Currency (OCC) The Office of the Comptroller of the Currency (OCC) charters, regulates, and supervises national banks to ensure a safe, sound, and competitive banking system that supports the citizens, communities, and economy of the United States.
U.S. Mint The U.S. Mint designs and manufactures domestic, bullion and foreign coins as well as commemorative medals and other numismatic items. The Mint also distributes U.S. coins to the Federal Reserve banks as well as maintains physical custody and protection of the nation's silver and gold assets.

Budget and staffing

The Treasury Department has authorized a budget for Fiscal Year 2024 of $16.5 billion. The budget authorization is broken down as follows:[8]

Program Funding (in millions)
Management and Finance
Department Administration $273
Office of the Inspector General $49
Inspector General for Tax Administration $174
Special Inspector General for TARP (Troubled Asset Relief Program) $9
Community Development Financial Institutions Fund $324
Financial Crimes Enforcement Network $190
Alcohol and Tobacco Tax and Trade Bureau $149
Bureau of the Fiscal Services $373
Other $339
Tax Administration
Internal Revenue Service $12,319
International Programs
International Programs $2,364
Other
Other $293
TOTAL $16,517
  1. ↑ Treasury Order 101-05 Archived March 19, 2021, at the Wayback Machine, U.S. Dept. of the Treasury. January 10, 2011. Updated April 26, 2011. Accessed November 11, 2012.
  2. ↑ DF Org Chart Archived January 16, 2022, at the Wayback Machine, "The Office of Domestic Finance". U.S. Dept. of the Treasury. October 2011. Accessed November 11, 2012.
  3. ↑ International Affairs Archived June 22, 2016, at the Wayback Machine, "About International Affairs". U.S. Dept. of the Treasury. February 14, 2012. Accessed November 11, 2012.
  4. ↑ "Officials | U.S. Department of the Treasury". https://home.treasury.gov/about/general-information/officials. 
  5. ↑ "Environment and Energy" (in en-us). https://www.treasury.gov/about/organizational-structure/offices/Pages/Environment-and-Energy.aspx. 
  6. ↑ Terrorism and Financial Intelligence Archived September 5, 2015, at the Wayback Machine, "About Terrorism and Financial Intelligence". U.S. Dept. of the Treasury. July 2, 2012. Accessed November 11, 2012.
  7. ↑ "Treasury Announces Coordinated Climate Policy Strategy with New Treasury Climate Hub and Climate Counselor | U.S. Department of the Treasury". https://home.treasury.gov/news/press-releases/jy0134. 
  8. ↑ 2025 Department of Treasury Budget, pg 1, United States Department of the Treasury, Accessed July 28, 2024
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