DEPARTMENT OF THE TREASURY

DEPARTMENT OF THE TREASURY

Department of the Treasury. The cabinet-level department of the federal government responsible for recommending tax and fiscal policies, collecting taxes, disbursing U.S. government funds, enforcing tax laws, and manufacturing coins and currency. ? Created by Congress in 1789, it is headed by the Secretary of the Treasury. ¡ª Also termed Treasury Department. [Cases: United States 33. C.J.S. United States ¡ì 51.]
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