Who is the current Secretary of the Treasury, what is his background, and what does he do?
Answer The current Secretary of the Treasury, Henry M. Paulson, Jr., was appointed by President George W. Bush. He was sworn in as the 74th Secretary of the Treasury in July 2006. The Secretary of the Treasury is responsible for formulating and recommending domestic and international financial, economic, and tax policy, participating in the formulation of broad fiscal policies that have general significance for the economy, and managing the public debt. The Secretary oversees the activities of the Treasury Department in carrying out his major law enforcement responsibilities; in serving as the financial agent for the U.S. Government; and in manufacturing coins and currency. The chief financial officer of the Government, the Secretary of the Treasury serves on the President’s National Economic Council. He is also Chairman of the Boards and Managing Trustee of the Social Security and Medicare Trust Funds, Chairman of the Thrift Depositor Protection Oversight Board, and serves as U.S.
The current Secretary of the Treasury, Timothy F. Geithner, was appointed by President Barack H. Obama. He was sworn in as the 75th Secretary of the Treasury on January 26, 2009. The Secretary of the Treasury is responsible for formulating and recommending domestic and international financial, economic, and tax policy, participating in the formulation of broad fiscal policies that have general significance for the economy, and managing the public debt. The Secretary oversees the activities of the Treasury Department in carrying out his major law enforcement responsibilities; in serving as the financial agent for the U.S. Government; and in manufacturing coins and currency. The chief financial officer of the Government, the Secretary of the Treasury serves on the President’s National Economic Council. He is also Chairman of the Boards and Managing Trustee of the Social Security and Medicare Trust Funds, Chairman of the Thrift Depositor Protection Oversight Board, and serves as U.S. Gove
