What is the US Secretary of the Treasury?
The United States Secretary of the Treasury is the head of the United States Treasury, the American government agency responsible for establishing financial policy and handling America’s finances. The United States has had a Secretary of the Treasury ever since it was established, as having an organized treasury is critical to running a functional country. In addition to handling domestic fiscal policy, the US Secretary of the Treasury is also responsible for international monetary policy.
The United States Secretary of the Treasury is the head of the United States Treasury, the American government agency responsible for establishing financial policy and handling America’s finances. The United States has had a Secretary of the Treasury ever since it was established, as having an organized treasury is critical to running a functional country. In addition to handling domestic fiscal policy, the US Secretary of the Treasury is also responsible for international monetary policy. This is a Cabinet level position, which means that the Secretary of the Treasury is appointed by the President and he or she is subject to Senate confirmation. As with other Cabinet level officers, the US Secretary of the Treasury is usually replaced when a new Presidential administration comes into office, with Presidents generally selecting individuals who support their goals and beliefs.