WHO IS THE DEPARTMENT OF TREASURY ?

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WHO IS THE DEPARTMENT OF TREASURY ?

DEPARTMENT OF THE TREASURY

1500 Pennsylvania Avenue, NW

Washington, D.C. 20220

   The Department of the Treasury (USDT) is the national treasury of the federal government of the United States where it serves as an executive department. The department oversees the Bureau of Engraving and Printing, and the U.S. Mint; these two agencies are responsible for printing all paper currency and coins, while the treasury executes its circulation in the domestic fiscal system. The USDT collects all federal taxes through the Internal Revenue Service; manages U.S. government debt instrument.

 

    The U.S. Treasury, created in 1789, is the government department responsible for issuing all Treasury bonds, notes, and bills.1 Among the government departments operating under the U.S. Treasury umbrella are the Internal Revenue Service (IRS), the U.S. Mint, the Bureau of the Fiscal Service, and the Alcohol and Tobacco Tax and Trade Bureau.2

 

Key functions of the U.S. Treasury include printing bills, postage, and Federal Reserve notes, minting coins, collecting taxes, enforcing tax laws, managing all government accounts and debt issues, and overseeing U.S. banks in cooperation with the Federal Reserve.3 The secretary of the Treasury is responsible for international monetary and financial policy, including foreign exchange intervention.4

 

KEY TAKEAWAYS

The U.S. Treasury is a government department in charge of managing all federal finances.

It is responsible for collecting taxes, paying bills, managing currency, government accounts, and public debt.

The Department of the Treasury enforces finance and tax laws, as well as issues treasury bonds, considered to be the safest and most liquid securities worldwide.3

 

Janet Yellen, former chair of the Federal Reserve, is the current Treasury secretary.5 She is the first woman to hold either position.67

Understanding the U.S. Treasury

The U.S. Treasury is the Cabinet-level department responsible for promoting economic growth and security.3 It was established by the First Congress of the United States, which convened in New York on March 4, 1789, following the ratification of the Constitution.8 The secretary of the Treasury is nominated by the president and must be confirmed by the U.S. Senate.

 

Establishment

The U.S. Constitution was ratified in 1788, replacing the Articles of Confederation, under which the U.S. had functioned during and immediately following the American Revolution.9 The Constitution provided for a much stronger federal government, and the establishment of a centralized Treasury Department was an important part of that.

    Alexander Hamilton was the first secretary of the Treasury and served until 1795.10 Among his major accomplishments while he was secretary of the Treasury were the federal government’s assumption of the states’ debts related to the American Revolution, provisions for the payment of war bonds, and the institution of a system for the collection of federal taxes.11

 

Who Runs the Treasury Department?

The Treasury Department is headed by the secretary of the Treasury who is nominated by the president and confirmed by the Senate. Janet Yellen is the Treasury Secretary in the Biden–Harris administration. Yellen was previously the chair of the Federal Reserve from 2014–2018.5 She is the first woman to hold either position.67

 

Yellen’s top deputy at the Treasury Department is Adewale “Wally” Adeyemo if he is confirmed by the Senate. He is a veteran of the Obama administration and an expert on macro-economic policy and consumer protection with national security experience.15

 

What Does the Secretary of the Treasury Do?

    The United States Department of the Treasury is a Cabinet-level agency of the federal government. It is responsible for crucial functions that help keep the government running, including paying all U.S. bills, collecting taxes, and managing federal finances.

 

Another important role that the Department of the Treasury performs is overseeing national banks, which includes the printing and minting of all paper currency and coins in circulation through the Bureau of Engraving and Printing and the United States Mint.

 

Mostly under the Internal Revenue Service (IRS), the same agency that collects taxes, the Treasury also enforces tax and financial laws, prosecuting alleged tax evaders and financial criminals.

 

In addition, the department makes recommendations regarding domestic and international financial, monetary, economic, trade, and tax policy, and publishes statistical reports.1

 

KEY TAKEAWAYS

The secretary of the Treasury is an appointed Cabinet-level position in the U.S. federal government.

The secretary of the Treasury acts as a principal advisor to the President and the Cabinet on economic issues.

The United States Department of the Treasury, which the secretary oversees, performs many important functions, including paying the nation’s bills, printing money, and collecting taxes.

Historically, secretaries of the Treasury have had high-level backgrounds in finance, law, and government.

Janet Yellen, former chair of the Federal Reserve, is the current Treasury secretary. She is the first woman to hold either position.

Understanding the Secretary of the Treasury’s Duties

The President of the United States looks to the secretary of the Treasury as a principal advisor on economic issues. The secretary makes recommendations about domestic and global economic policy and tax policy. The secretary plays a very important part in creating strategies that affect economic and government financial outlooks for issues that the government faces.

 

31 U.S. Code § 301 – Department of the Treasury

U.S. Code

Notes

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(a)The Department of the Treasury is an executive department of the United States Government at the seat of the Government.

(b)The head of the Department is the Secretary of the Treasury. The Secretary is appointed by the President, by and with the advice and consent of the Senate.

(c)The Department has a Deputy Secretary of the Treasury appointed by the President, by and with the advice and consent of the Senate. The Deputy Secretary shall carry out—

(1)duties and powers prescribed by the Secretary; and

(2)the duties and powers of the Secretary when the Secretary is absent or unable to serve or when the office of Secretary is vacant.

(d)The Department has 2 Under Secretaries, an Under Secretary for Enforcement, and 2 Deputy Under Secretaries, appointed by the President, by and with the advice and consent of the Senate. The Department also has a Fiscal Assistant Secretary appointed by the Secretary and a Treasurer of the United States appointed by the President. They shall carry out duties and powers prescribed by the Secretary. The President may designate one Under Secretary as Counselor. When appointing each Deputy Under Secretary, the President may designate the Deputy Under Secretary as an Assistant Secretary.

(e)The Department has 8 Assistant Secretaries appointed by the President, by and with the advice and consent of the Senate. The Department shall have 2 Assistant Secretaries not subject to the advice and consent of the Senate who shall be the Assistant Secretary for Public Affairs, and the Assistant Secretary for Management. The Assistant Secretaries shall carry out duties and powers prescribed by the Secretary. The Assistant Secretaries appointed under this subsection are in addition to the Assistant Secretaries appointed under subsection (d) of this section.

(f)

(1)The Department has a General Counsel appointed by the President, by and with the advice and consent of the Senate. The General Counsel is the chief law officer of the Department. Without regard to those provisions of title 5 governing appointment in the competitive service, the Secretary may appoint not more than 5 Assistant General Counsels. The Secretary may designate one of the Assistant General Counsels to act as the General Counsel when the General Counsel is absent or unable to serve or when the office of General Counsel is vacant. The General Counsel and Assistant General Counsels shall carry out duties and powers prescribed by the Secretary.

(2)The President may appoint, by and with the advice and consent of the Senate, an Assistant General Counsel who shall be the Chief Counsel for the Internal Revenue Service. The Chief Counsel is the chief law officer for the Service and shall carry out duties and powers prescribed by the Secretary.

(g)The Department shall have a seal.

 

Title 31 U.S.Code 1321/1322), – Nationality Act, 1940

When you bring this sensitive information to the table in open court, the magistrate typically gets scared! Inform the magistrate that you are the EXECUTOR of the trial, and the magistrate is the ADMINISTRATOR of the trial and publicly defines the roles of the CQV trust.

The magistrate is unlawfully attempting to access your TRUST and can do so only through your consent, by deceiving you into agreeing to let them assume improper roles which grants them authority. This is the unfortunate, corrupt reality that our peaceful, law abiding communities are dealing with in the court system today.

Roles of the CESTUI QUE VIE TRUST:

YOU (THE LIVING MAN/WOMAN) are the BENEFICIARY of the CQV trust

The judge (whom is actually a magistrate) is the TRUSTEE of the CQV trust

The clerk is the ADMINISTRATOR of the CQV trust

Both the magistrate and the clerk must follow YOUR instructions for discharge / dismissal as You are the Executor of the trial and Beneficiary of the CQV trust.)

Here is an informative video on the CQV trust.

Here https://www.youtube.com/watch?v=gQ0Y_jjlCTQ

CESTUI QUE TRUST

The pseudo magistrates of these pseudo courts have NO powers without the consent of both the plaintiff and the defendant. In every case, the magistrate must determine that he has consent; personam and Subject Matter Jurisdiction before he can act or access the Cestui Que Trust.

Note: All tradable Securities must be assigned a CUSIP NUMBER before it can be offered to investors. Birth Certificates and Social Security Applications are converted onto Government Securities; assigned a CUSIP NUMBER; grouped into lots and then are marketed as a Mutual Fund Investment. Upon maturity, the profits are moved into a GOVERNMENT CESTUI QUE TRUST and if you are still alive, the certified documents are reinvested. It is the funds contained in this CESTUI QUE TRUST that the Magistrate, Clerk, and County Prosecutor are really after or interested in! This Trust actually pays for all of your debts but nobody tells you that because the elite consider those assets to be their property and the Federal Reserve System is responsible for the management of those investments.

Declaring Status Properly:

I am here by Special Appearance, Sui Juris Autonomous en Personam, as the Non-Combative, Non-Adversarial Claimant in person.

In addition, for the record:

I am the Authorized Administrator and Executor of the CESTUI QUE TRUST created under the all caps name “JOHN HENRY AWARE”. You are the Trustee, State / Mr. Prosecutor and I do not consent to being surety for these proceedings. In addition, I demand the bond be immediately brought forward so I can see who will indemnify me if I am damaged.

 

At your Arrangement or Trial, the magistrate will ask you if you are the named individual [ALL CAPS BIRTH NAME] on the complaint and your natural response will be to answer “yes”, BUT THAT IS NOT WHAT YOU ARE GOING TO DO! Instead, claim that You are the agent/heir over your ESTATE (the ALL CAPITAL NAME) and your birth certificate is your title.

Make a copy of your birth certificate (the long form is best but if you do not have it, use the short form) and respond by stating: “I am making Special Appearance on behalf of the defendant who is right here [Hold up your Birth Certificate!]”

Then State the following:

As I overstand the process Judge; the county attorney or Police Officer has leveled a criminal charge with the Clerk against the TRUST, using the ALL CAPS NAME that appears on this BIRTH CERTIFICATE! The use of capital letters is dictated by the US Printing Style Manuel, which explains how to identify a CORPORATION.

The Clerk, who is the ADMINISTRATOR of the CQV TRUST , then, appointed magistrate as the TRUSTEE for the TRUST and since neither of you can be the BENEFICIARY, that leaves me and therefore you are MY TRUSTEE!

So as MY TRUSTEE, I instruct you to discharge this entire matter with prejudice and award the penalties for these crimes to be paid to me in compensation and damages for my false arrest!

Note: The Law Of Trusts dictates that an Administrator; Trustee and Beneficiary cannot serve two positions in a Trust. So a Trustee cannot be a Beneficiary too.

***The TRUSTEE magistrate has no alternative but to honor your demands but you have to get this right and act with confidence. You really need to know this information well, so that you can’t be hoodwinked or confused by either of them! They will or may attempt to play some mind games with you if you display any doubt; stammer or display a lack of confidence. Appearances of the Pseudo courts is totally for your benefit and is intended to invoke fear and intimidation. If you show fear or intimidation, you get a pony ride.

The Supreme Court has warned, “Because of what appear to be Lawful commands on the surface, many citizens, because of their respect for what appears to be law, are cunningly coerced into waiving their rights, due to ignorance.” (U.S. v. Minker, 350 U.S. 179, 187),

“the powers that be” that you are alive and claim the Cestui Que BIRTH CERTIFICATE TRUST account, (Title 31 U.S. Code 1321/1322), is what we are supposed to do too. – Nationality Act, 1940.

#2) How to avoid prosecution under the Trust, when a Sovereign is taken before a corporate prosecuting Attorney or a Judge:

First: the Sovereign must inquire if we are on the record, and if not, insist upon it!

Say nothing, sign nothing and answer no questions until you are convinced that the proceedings are being recorded!

Secondly: all a Sovereign has to say for the record is: “I am a beneficiary of the Trust, and I am appointing you as my Trustee!”

Thirdly: the Sovereign then directs his Trustee to do his bidding! “As my Trustee, I instruct you to discharge this matter I am accused of and eliminate the record!”

Fourthly: if the Sovereign suffered any damages as a result of his arrest, he can direct that the Trust compensate him from the proceeds of the Court by saying; “I wish to be compensated for [X] dollars, in redemption.” This statement is sufficient to remove the authority and jurisdiction from any prosecuting attorney or judge. The accused will be immediately released from custody, with a check, license or claim he identifies as a damage. It doesn’t matter what the action involves or how it is classified by the corporate law as a civil or criminal action!

 

The history of the Department of the Treasury began in the turmoil of the American Revolution, when the Continental Congress at Philadelphia deliberated the crucial issue of financing a war of independence against Great Britain. The Congress had no power to levy and collect taxes, nor was there a tangible basis for securing funds from foreign investors or governments. The delegates resolved to issue paper money in the form of bills of credit, promising redemption in coin on faith in the revolutionary cause. On June 22, 1775 — only a few days after the Battle of Bunker Hill, Congress issued $2 million in bills; on July 25, 28 citizens of Philadelphia were employed by the Congress to sign and number the currency.

 

On July 29, 1775, the Second Continental Congress assigned the responsibility for the administration of the revolutionary government’s finances to Joint Continental Treasurers, George Clymer and Michael Hillegas. The Congress stipulated that each of the colonies contribute to the Continental government’s funds.

 

Left) Michael Hillegas and (Right) Robert Morris

 

(Left) Michael Hillegas, first Treasurer of the United States, 1775-89. (Right) Robert Morris, Superintendent of Finance, 1781-84. (Bureau of Engraving and Printing) Learn about the major duties and functions of each Treasury Department Office and Bureau.

 

Continental Note

This $65 Continental note was issued January 14, 1779. The Revolutionary money was printed in various denominations and signed by hand. (University Libraries of Notre Dame)

 

To ensure proper and efficient handling of the growing national debt in the face of weak economic and political ties between the colonies, the Congress, on February 17, 1776, designated a committee of five to superintend the Treasury, settle the accounts, and report periodically to the Congress. On April 1, a Treasury Office of Accounts, consisting of an Auditor General and clerks, was established to facilitate the settlement of claims and to keep the public accounts for the government of the United Colonies. With the signing of the Declaration of Independence on July 4, 1776, the new-born republic as a sovereign nation was able to secure loans from abroad.

 

Despite the infusion of foreign and domestic loans to pay for a war of independence, the United Colonies were unable to establish a well-organized agency for financial administration. Michael Hillegas was first called Treasurer of the United States on May 14, 1777. The Treasury Office was reorganized three times between 1778 and 1781. The $241.5 million of paper Continental Dollars devalued rapidly. By May 1781, the dollar collapsed at a rate of from 500 to 1000 to 1 against hard currency. Protests against the worthless money swept the colonies and angry Americans coined the expression not worth a Continental.

 

Robert Morris was designated Superintendent of Finance in 1781 and restored stability to the nation’s finances. Morris, a wealthy colonial merchant, was nicknamed “the Financier” because of his reputation for procuring funds or goods on a moment’s notice. His staff included a Comptroller, a Treasurer, a Register, and auditors, who managed the country’s finances through 1784, when Morris resigned because of ill health. The Treasury Board of three Commissioners continued to oversee the finances of the confederation of former colonies until September 1789.

 

 

 

HAMILTON AND THE ESTABLISHMENT OF THE DEPARTMENT OF THE TREASURY

The First Congress of the United States was called to convene in New York on March 4, 1789, marking the beginning of government under the Constitution. On September 2, 1789, Congress created a permanent institution for the management of government finances:

 

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That there shall be a Department of Treasury, in which shall be the following officers, namely: a Secretary of the Treasury, to be deemed head of the department; a Comptroller, an Auditor, a Treasurer, a Register, and an Assistant to the Secretary of the Treasury, which assistant shall be appointed by the said Secretary.

 

Alexander Hamilton

 

Alexander Hamilton served as the first Secretary of the Treasury from 1789 to 1795. One of the most brilliant statesmen of the early American republic, he was killed in a duel in 1804. (Treasury Collection)

 

Alexander Hamilton took the oath of office as the first Secretary of the Treasury on September 11, 1789. Hamilton had served as George Washington’s aide-de-camp during the Revolution, and was of great importance in the ratification of the Constitution. Because of his financial and managerial acumen, Hamilton was a logical choice for solving the problem of the new nation’s heavy war debt.

 

Hamilton’s first official act was to submit a report to Congress in which he laid the foundation for the nation’s financial health. To the surprise of many legislators, he insisted upon federal assumption and dollar-for-dollar repayment of the countries war debt of $75 million in order to revitalize the public credit: “[T]he debt of the United States’ was the price of liberty. The faith of America has been repeatedly pledged for it, and with solemnities that give peculiar force to the obligation.” Hamilton foresaw the development of industry and trade in the United States, and suggested that government revenues be based upon customs duties. His sound financial policies also inspired investment in the Bank of the United States, which acted as the government’s fiscal agent.

 

 

 

The original Seal of the Department of the Treasury, designed in 1778. The Latin inscription is an abbreviation for the phrase Thesauri Americae Septentrionalis Sigillum, which means “The Seal of the Treasury of North America.” The seal was simplified in 1968 and now bears the words “The Department of the Treasury” and the date of the Department’s establishment, 1789. (Department of the Treasury)

 WRTTEN BY : MICHAEL ARCHANGEL