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Lee Echols
Raymond Sherrard
About
the Department of Treasury
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. Our bureaus make up 98% of the Treasury
work force. The basic functions of the Department of the Treasury include: Managing Federal finances; Collecting taxes, duties
and monies paid to and due to the U.S. and paying all bills of the U.S.; Producing postage stamps, currency and coinage; Managing
Government accounts and the public debt; Supervising national banks and thrift institutions; Advising on domestic and international
financial, monetary, economic, trade and tax policy; Enforcing Federal finance and tax laws; Investigating and prosecuting
tax evaders, counterfeiters, and forgers.
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