Entities

United States Department of the Treasury

United States Department of the Treasury

Nickname
US Treasury
Acronym
USDT
Link
Founding Date
1789

The Department of the Treasury (USDT) operates and maintains systems that are critical to the nation’s financial infrastructure, disbursement of payments to the American public, revenue collection, and the borrowing of funds necessary to run the federal government. The Department of the Treasury manages Federal finances by collecting taxes and paying bills and by managing currency, government accounts and public debt. The Department of the Treasury also enforces finance and tax laws. USDT also promotes economic prosperity and ensures the financial security of the United States, 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.

  • Does not routinely intervene in Currency markets to raise or lower the value of the US Dollar
    • Has done so in rare circumstances with International Cooperation
    • Example is after the Fukushima Disaster
  • Has been known to coordinate with the Fed to raise/lower US interest rates