Press Releases

Role of the Treasury

U.S. Department of the Treasury

The U.S. Department of the Treasury supports the Nation's economic prosperity and financial security by managing federal finances, safeguarding the financial system, and helping ensure the U.S. economy functions smoothly.

Core Responsibilities

  • Manage federal finances, including cash management and public debt operations.
  • Collect federal revenue and administer key fiscal operations.
  • Produce U.S. currency and coinage and protect their integrity.
  • Promote stable financial markets and support confidence in U.S. institutions.
  • Implement targeted financial measures, including sanctions and anti-money laundering efforts, where authorized by law.

Working With Partners

Treasury works with Congress, federal and state agencies, international counterparts, and the private sector to address economic and financial challenges, improve resilience, and protect the public interest.

Key Areas of Work

  • Fiscal operations: supports government cash management, collections, and disbursements to help ensure payments are made accurately and on time.
  • Public debt: helps finance government operations through debt issuance and servicing, working to maintain confidence in U.S. obligations.
  • Financial system oversight: contributes to policies that promote market stability, mitigate systemic risk, and strengthen resilience.
  • International economic engagement: supports international financial cooperation and participation in global economic forums.
  • Illicit finance and sanctions: supports efforts to combat money laundering and related threats and to administer financial restrictions when authorized.
  • Currency integrity: supports the production, security, and integrity of U.S. currency, coinage, and related protections.

How Treasury Supports the Public

Treasury's work connects to everyday life through the movement of federal funds, the stability of the financial system, and the policies that help protect consumers and the broader economy.

  • Ensures federal payments and collections operate reliably and securely.
  • Helps maintain the credibility of U.S. government financing and financial markets.
  • Supports efforts to reduce fraud and financial crime risks when applicable.
  • Publishes data, guidance, and public information to support transparency.

Transparency and Accountability

Treasury publishes public-facing information, reports, and data to support accountability and informed public engagement. Internal controls, audits, and oversight functions also help ensure programs are carried out responsibly.