United States Secretary of the Treasury
From Academic Kids
The
United States Secretary of the Treasury is the
finance minister of the
Federal Government of the United States . He or she is head of the
United States Department of the Treasury , concerned with
finance and monetary matters , and, until
2003 , some issues of
national security and defense . Most of the Department's
law enforcement agencies such as the
ATF ,
Customs Service , and
Secret Service were reassigned to other Departments in
2003 in conjunction with the creation of the
Department of Homeland Security . The Secretary is a member of the
President's Cabinet .
From the U.S. Department of the Treasury website:
"The Secretary of the Treasury is the principal economic advisor to the President and plays a critical role in policy-making by bringing an economic and government financial policy perspective to issues facing the government. The Secretary 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 Department in carrying out its major law enforcement responsibilities; in serving as the financial agent for the United States Government ; and in manufacturing coins and currency .
"The Chief Financial Officer of the government, the Secretary serves as Chairman Pro Tempore of the President's Economic Policy Council, Chairman of the Boards and Managing Trustee of the Social Security and Medicare Trust Funds, and as U.S. Governor of the International Monetary Fund , the International Bank for Reconstruction and Development, the Inter-American Development Bank, the Asian Development Bank, and the European Bank for Reconstruction and Development."
The Secretary along with the Treasurer must sign Federal Reserve notes before they can become legal tender.
List of Secretaries of the Treasury
Secretaries of the Treasury
Name
Term of Office
President(s) served under
Alexander Hamilton
September 11 , 1789 January 31 , 1795
George Washington
Oliver Wolcott, Jr.
February 3 , 1795 December 31 , 1800
George Washington , John Adams
Samuel Dexter
January 1 , 1801 May 13 , 1801
John Adams , Thomas Jefferson
Albert Gallatin
May 14 , 1801 February 8 , 1814
Thomas Jefferson , James Madison
George W. Campbell
February 9 , 1814 October 5 , 1814
James Madison
Alexander J. Dallas
October 6 , 1814 October 21 , 1816
James Madison
William H. Crawford
October 22 , 1816 March 6 , 1825
James Madison , James Monroe
Richard Rush
March 7 , 1825 March 5 , 1829
John Quincy Adams
Samuel D. Ingham
March 6 , 1829 June 20 , 1831
Andrew Jackson
Louis McLane
August 8 , 1831 May 28 , 1833
Andrew Jackson
William J. Duane
May 29 , 1833 September 22 , 1833
Andrew Jackson
Roger B. Taney
September 23 , 1833 June 25 , 1834
Andrew Jackson
Levi Woodbury
July 1 , 1834 March 3 , 1841
Andrew Jackson , Martin Van Buren
Thomas Ewing
March 4 , 1841 September 11 , 1841
William Henry Harrison , John Tyler
Walter Forward
September 13 , 1841 March 1 , 1843
John Tyler
John C. Spencer
March 8 , 1843 May 2 , 1844
John Tyler
George M. Bibb
July 4 , 1844 March 7 , 1845
John Tyler
Robert J. Walker
March 8 , 1845 March 5 , 1849
James Knox Polk
William M. Meredith
March 8 , 1849 July 22 , 1850
Zachary Taylor
Thomas Corwin
July 23 , 1850 March 6 , 1853
Millard Fillmore
James Guthrie
March 7 , 1853 March 6 , 1857
Franklin Pierce
Howell Cobb
March 7 , 1857 December 8 , 1860
James Buchanan
Philip Thomas
December 12 , 1860 January 14 , 1861
James Buchanan
John Adams Dix
January 15 , 1861 March 6 , 1861
James Buchanan
Salmon P. Chase
March 7 , 1861 June 30 , 1864
Abraham Lincoln
William P. Fessenden
July 5 , 1864 March 3 , 1865
Abraham Lincoln
Hugh McCulloch
March 9 , 1865 March 3 , 1869
Abraham Lincoln , Andrew Johnson
George S. Boutwell
March 12 , 1869 March 16 , 1873
Ulysses S. Grant
William A. Richardson
March 17 , 1873 June 3 , 1874
Ulysses S. Grant
Benjamin H. Bristow
June 4 , 1874 June 20 , 1876
Ulysses S. Grant
Lot M. Morrill
July 7 , 1876 March 9 , 1877
Ulysses S. Grant , Rutherford B. Hayes
John Sherman
March 10 , 1877 March 3 , 1881
Rutherford B. Hayes
William Windom
March 8 , 1881 November 13 , 1881
James A. Garfield , Chester A. Arthur
Charles J. Folger
November 14 , 1881 September 4 , 1884
Chester A. Arthur
Walter Q. Gresham
September 5 , 1884 October 30 , 1884
Chester A. Arthur
Hugh McCulloch
October 31 , 1884 March 7 , 1885
Chester A. Arthur , Grover Cleveland
Daniel Manning
March 8 , 1885 March 31 , 1887
Grover Cleveland
Charles S. Fairchild
April 1 , 1887 March 6 , 1889
Grover Cleveland
William Windom
March 7 , 1889 January 29 , 1891
Benjamin Harrison
Charles Foster
February 25 , 1891 March 6 , 1893
Benjamin Harrison , Grover Cleveland
John G. Carlisle
March 7 , 1893 March 5 , 1897
Grover Cleveland , William McKinley
Lyman J. Gage
March 6 , 1897 January 31 , 1902
William McKinley , Theodore Roosevelt
L.M. Shaw
February 1 , 1902 March 3 , 1907
Theodore Roosevelt
George B. Cortelyou
March 4 , 1907 March 7 , 1909
Theodore Roosevelt
Franklin MacVeagh
March 8 , 1909 March 5 , 1913
William Howard Taft
William G. McAdoo
March 6 , 1913 December 15 , 1918
Woodrow Wilson
Carter Glass
December 16 , 1918 February 1 , 1920
Woodrow Wilson
David F. Houston
February 2 , 1920 March 3 , 1921
Woodrow Wilson
Andrew W. Mellon
March 4 , 1921 February 12 , 1932
Warren G. Harding , Calvin Coolidge , Herbert Hoover
Ogden L. Mills
February 13 , 1932 March 4 , 1933
Herbert Hoover
William H. Woodin
March 5 , 1933 December 31 , 1933
Franklin D. Roosevelt
Henry Morgenthau, Jr.
January 1 , 1934 July 22 , 1945
Franklin D. Roosevelt , Harry S. Truman
Fred M. Vinson
July 23 , 1945 June 23 , 1946
Harry S. Truman
John W. Snyder
June 25 , 1946 January 20 , 1953
Harry S. Truman
George M. Humphrey
January 21 , 1953 July 29 , 1957
Dwight D. Eisenhower
Robert B. Anderson
July 29 , 1957 January 20 , 1961
Dwight D. Eisenhower
C. Douglas Dillon
January 21 , 1961 April 1 , 1965
John F. Kennedy , Lyndon Johnson
Henry H. Fowler
April 1 , 1965 December 20 , 1968
Lyndon Johnson
Joseph W. Barr
December 21 , 1968 January 20 , 1969
Lyndon Johnson
David M. Kennedy
January 22 , 1969 February 10 , 1971
Richard Nixon
John B. Connally
February 11 , 1971 June 12 , 1972
Richard Nixon
George P. Shultz
June 12 , 1972 May 8 , 1974
Richard Nixon
William E. Simon
May 8 , 1974 January 20 , 1977
Richard Nixon , Gerald Ford
W. Michael Blumenthal
January 23 , 1977 August 4 , 1979
Jimmy Carter
G. William Miller
August 7 , 1979 January 20 , 1981
Jimmy Carter
Donald T. Regan
January 22 , 1981 February 1 , 1985
Ronald Reagan
James A. Baker, III
February 4 , 1985 August 17 , 1988
Ronald Reagan
Nicholas F. Brady
September 15 , 1988 January 17 , 1993
Ronald Reagan , George H. W. Bush
Lloyd Bentsen
January 20 , 1993 December 22 , 1994
Bill Clinton
Robert Rubin
January 11 , 1995 July 2 , 1999
Bill Clinton
Lawrence H. Summers
July 2 , 1999 January 20 , 2001
Bill Clinton
Paul H. O'Neill
January 20 , 2001 December 31 , 2002
George W. Bush
John W. Snow
February 3 , 2003 present
George W. Bush
Acting Secretaries of the Treasury
Because of the resignation of Deputy Secretary of Treasury Roger Altman in August of 1994, Under Secretary of Treasury for Domestic Finance Frank Newman served from December 22 , 1994 to January 11 , 1995 as Acting Secretary of Treasury.
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