Instruct: Given a question, retrieve documents that can help answer the question.
Query: Who is U.S. Treasury Secratary?
Acting Under Secretary for Terrorism and Financial Intelligence Adam J. Szubin served as Acting Secretary of the Treasury from January 20, 2017, until the confirmation of Steven Mnuchin which occurred February 13, 2017.
Membership in the Treasury Department Federal Credit Union is available to employees of the US Treasury Department, Department of Homeland Security, U.S. Courts, United States Securities and Exchange Commission(SEC), as well as persons who live, work (or regularly conduct business), worship, or attend school in, and businesses and other legal entities located in, Washington, D.C.
As part of the Emergency Economic Stabilization Act of 2008 the U.S. Treasury was given funds to stabilize U.S. financial institutions and encourage lending. The Troubled Asset Relief Program (TARP) was to be implemented in two $350 billion authorizations. The first $350 billion went primarily to the Capital Purchase Program primarily allocated under the direction of U.S. Treasury Secretary Henry Paulson an appointee of George W. Bush. The new Barack Obama appointee, U.S. Treasury Secretary Timothy Geithner, announced the Capital Assistance Program on February 10, 2009.
According to U.S. statute, there are ten Assistant Secretaries of the Treasury appointed by the President of the United States with the advice and consent of the United States Senate. The Assistant Secretary of the Treasury for Financial Markets reports to the Under Secretary of the Treasury for Domestic Finance, who in turn reports to the United States Secretary of the Treasury and the United States Deputy Secretary of the Treasury.
As a U.S. Senator, Woodbury was a dependable Jackson Democrat, and President Jackson appointed him Secretary of the Navy (1831–1834) and then Secretary of the Treasury (1834–1841). Woodbury successfully worked to end the Second Bank of the United States; like Jackson he favored an "independent" treasury system and "hard money" over paper money. In retrospect, the financial Panic of 1837 and the collapse of speculative land prices were legacies of Woodbury's tenure. After the Panic, Woodbury realised that the U.S. Treasury needed a more secure administration of its own funds than commercial banks supplied, and he backed the act for an "Independent Treasury System" passed by Congress in 1840. It was largely repealed under the new administration the following year, but the foundation was laid for an independent U.S. Treasury, finally established in 1846, under President James K. Polk. Woodbury also served as chairman of the U.S. Senate Committee on Finance during a Special Session of the 29th Congress. His ten-day chairmanship is the shortest on record.
The Assistant Secretary of the Treasury for Financial Institutions is an official in the United States Department of the Treasury who is the head of the Office of Financial Institutions. In June 2017, President Donald Trump nominated Christopher Campbell to the position. He was confirmed by the U.S. Senate on August 3, 2017.
The U.S. Federal government suspended issuing 30-year Treasury bonds for four years from February 18, 2002 to February 9, 2006. As the U.S. government used budget surpluses to pay down Federal debt in the late 1990s, the 10-year Treasury note began to replace the 30-year Treasury bond as the general, most-followed metric of the U.S. bond market. However, because of demand from pension funds and large, long-term institutional investors, along with a need to diversify the Treasury's liabilities—and also because the flatter yield curve meant that the opportunity cost of selling long-dated debt had dropped—the 30-year Treasury bond was re-introduced in February 2006 and is now issued quarterly.
"O'Hara, U.S. Treasury" starred Janssen (whose company co-produced the show with Mark VII) as the title character, Treasury Agent Jim O'Hara. A county sheriff from Nebraska whose wife and child died in a fire, O'Hara cut all ties with his past life. He put in an application with the United States Department of the Treasury, which accepted him.
According to U.S. statute, there are ten Assistant Secretaries of the Treasury appointed by the President of the United States with the advice and consent of the United States Senate. The Assistant Secretary of the Treasury for Financial Institutions reports to the Under Secretary of the Treasury for Domestic Finance, who in turn reports to the United States Secretary of the Treasury and the United States Deputy Secretary of the Treasury.
The portraits appearing on the U.S. currency can feature only people who have died, whose names should be included below each of the portraits. Since the standardization of the bills in 1928, the Department of the Treasury has chosen to feature the same portraits on the bills. These portraits were decided upon in 1929 by a committee appointed by the Treasury. Originally, the committee had decided to feature U.S. presidents because they were more familiar to the public than other potential candidates. The Treasury altered this decision, however, to include three statesmen who were also well-known to the public: Alexander Hamilton (the first Secretary of the Treasury who appears on the $10 bill), Salmon P. Chase (the Secretary of the Treasury during the American Civil War who appeared on the now obsolete $10,000 bill), and Benjamin Franklin (a signer of the Declaration of Independence and of the Constitution, who appears on the $100 bill). In 2016, the Treasury announced a number of design changes to the $5, $10 and $20 bills; to be introduced over the next ten years. The redesigns include:After an unsuccessful attempt in the proposed Legal Tender Modernization Act of 2001, the Omnibus Appropriations Act of 2009 required that none of the funds set aside for either the Treasury or the Bureau of Engraving and Printing may be used to redesign the $1 bill. This is because any change would affect vending machines and the risk of counterfeiting is low for this small bill. This superseded the Federal Reserve Act (Section 16, Paragraph 8) which gives the Treasury permission to redesign any banknote to prevent counterfeiting.
On December 7, 2006, the U.S. Department of the Treasury added al-Ali to its list of Specially Designated Global Terrorists, pursuant to Executive Order 13224, as a terrorist facilitator for providing financial support to Al Qaeda and other terrorist organizations. Specifically, al-Ali was a religious leader of a Kuwait-based terrorist cell and a recruiter of jihadists on behalf of Al Qaeda in both Iraq and Kuwait. He was also involved in the plotting of a foiled attack on U.S. and Kuwaiti targets in 2005.
As outlined by the U.S. Treasury department, “this designation freezes any assets the designees may have under U.S. jurisdiction and prohibits all financial and commercial transactions by any U.S. person with the designees. In addition, in accordance with U.N. Security Council Resolution 1624, the U.S. Government condemns those who incite others to acts of terrorism and violence”.
Paper money is a form of currency that is physically printed by the Bureau of Engraving and Printing, under authority of the Federal Reserve System. The Bureau of Engraving and Printing is part of the U.S. Treasury Department, whereas the Federal Reserve is not. In contrast to paper money, coins are physically produced by the U.S. Mint, within and under authority of the U.S. Treasury. The Federal Reserve System can authorize as much paper money as it sees fit, but the U.S. Treasury is restricted by law to a certain maximum amount of coinage in circulation.
O'Hara, U.S. Treasury (on-screen title is O'Hara, United States Treasury) is an American television crime drama starring David Janssen and broadcast by CBS during the 1971-72 television season. Jack Webb's Mark VII Limited packaged the program for Universal Television. Webb and longtime colleague James E. Moser created the show; Leonard B. Kaufman was the producer. The series was produced with the full approval and cooperation of the United States Department of the Treasury.
In May 2006 President George W. Bush announced his intention to appoint Paulson as Secretary of the Treasury. Kashkari contacted Paulson and asked to join him at Treasury. Despite not knowing Kashkari well, Paulson had him flown to Washington, D.C., and offered him a job as a policy generalist shortly after Kashkari had begun his pitch. Kashkari accepted, and then Paulson remembered to confirm that Kashkari was a Republican. After the U.S. Senate confirmed Paulson, he and Kashkari started at Treasury on the same day. Kashkari was one of several Goldman employees who followed Paulson to Treasury.
Treasury Varieties was an American syndicated weekly 30-minute radio program that aired on the Mutual network from 1948 to 1953. The program was sponsored by the U.S. Treasury Department to promote the sale of U.S. Savings Bonds. The show featured the music of entertainers backed by a studio orchestra, notably Henry Jerome and His Orchestra, who, over the life of the program, had the longest run. Frank H. Walldecker (1909–1995) was the announcer. Regulars with the Jerome Orchestra included Hal Burton (singer), Morrie Allen (singer), Joe Grimm (Joe Grimaldi) (singer), the Glee Club, and the Three Jays.
Treasury International Capital or TIC is a set of monthly and quarterly statistical reports from the U.S. Treasury that shows nearly all the flows of money into and out of the U.S, for purchases and sales of U.S. securities and financial instruments by institutions, governments, central banks, corporations and many other entities. This includes short and long term transactions, such as stocks, bonds, derivatives, currencies, options, forwards, swaps, bank transactions, and other cross-border transactions.
Most of China's foreign-exchange reserves are held in U.S. dollar-denominated financial assets such as U.S. Treasury securities. Since 2008, when it overtook Japan in this respect, China is the largest foreign owner of U.S. Treasury securities, accounting for about 22 percent of all U.S. Treasuries held by non-Americans.
Many American and other economic analysts have expressed concerns on account of the People's Republic of China's "extensive" holdings, as part of their reserves, of United States government debt.
Symbols of the United States Department of the Treasury include the Flag of the Treasury Department and the U.S. Treasury Seal. The seal actually predates the department itself, having originated with the Board of Treasury during the period of the Articles of Confederation. The seal is used on all U.S. paper currency, and (like other departmental seals) on official Treasury documents.
Clarida served as the Assistant Secretary of the United States Treasury for Economic Policy, a position that required confirmation by the United States Senate. In that position, he served as chief economic advisor to two Treasury Secretaries, Paul O'Neill and John W. Snow, advising them on economic policy issues, including the U.S. and global economic prospects, international capital flows, corporate governance, and the maturity structure of U.S. debt. In May 2003, Treasury Secretary John W. Snow awarded Clarida The Treasury Medal in recognition for his record of outstanding service to the Treasury Department.
The U.S. government accused Al-Haramain Islamic Foundation of Ashland, Oregon of sending $150,000 through Saudi Arabia to fund terrorist activities and support Chechen mujahideen under the guise of humanitarian aid. It also was accused of receiving money from Osama bin Laden in August 1998 and providing funding to an American imam who attended a training camp run by a terrorist organization in Pakistan.
On 19 February 2004, the assets of the U.S. branch were blocked by the US Treasury Department pending investigation, the results of which showed "direct links between the U.S. branch and Usama bin Laden". On 9 September 2004 Treasury announced "the designation" of the U.S. branch of Al Haramain along with one of its directors, Suliman Al-Buthe. The Office of Foreign Assets Control of the United States Department of the Treasury had already banned various branches of this organization at various times.
The actual creator of the U.S. Treasury seal was Francis Hopkinson, who was one of the signers of the Declaration of Independence and also contributed to the design of the Great Seal of the United States. He is known to have later submitted bills to the Congress in 1780 seeking payment for his design of flags, currency, and several seals, including one for the Board of Treasury. The earliest known usage of the seal was in 1782. When the United States Government was established in 1789, the new Department of the Treasury continued to use the existing seal.
In addition to the departmental flag, several personal flags, or standards, are used to represent different U.S. Treasury Department officials, such as the U.S. Secretary of the Treasury.
The United States ten-dollar bill ($10) is a denomination of U.S. currency. The obverse of the bill features the portrait of Alexander Hamilton, who served as the first U.S. Secretary of the Treasury. The reverse features the U.S. Treasury Building. All $10 bills issued today are Federal Reserve Notes.
SOMA's primary purpose is to assist the New York Fed in carrying out open market operations (OMOs) and foreign exchange interventions (the U.S. Treasury, in consultation with the Federal Reserve System, is responsible for setting U.S. exchange rate policy). The U.S. monetary authorities—the Treasury and the Fed—may intervene in the foreign exchange market to counter disorderly market conditions, using funds that belong to the Federal Reserve and to the Exchange Stabilization Fund (ESF) of the Treasury Department.
Shah held a variety of U.S. Department of Treasury positions from 1995 until 2001. She was the director of the office overseeing strategy and programs for sub-Saharan Africa, which included debt relief, development programs and World Bank/International Monetary Fund strategies. She worked with the Ministries of Finance in Bosnia and Kosovo to design the post-war banking system. During the Asian financial crisis, she served as a senior adviser to U.S. Treasury officials who were coordinating the U.S. response.