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Topic: Financial Secretary to the Treasury


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  U.S. Treasury - Duties & Functions of the Secretary of the Treasury
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.
www.ustreas.gov /education/duties/treas/sec-treasury.shtml   (115 words)

  
 [No title]
If the Treasury requests large position information, the reporting rules require entities to file a large position report with the Federal Reserve Bank of New York if their reportable position equals or exceeds the large position threshold in a particular Treasury security as specified by the Treasury in the notice requesting the large position information.
The Treasury emphasizes that, although the final recordkeeping rules impose a modest amount of new requirements, particularly with regard to entities that are not currently subject to federal securities recordkeeping rules, the new requirements are not expected to necessitate significant automation or administrative expenses for the affected firms.
Instead, Treasury selected the most basic record (similar to the blotter requirement of SEC Rule 17a-3) that would be crucial to documenting and preparing large position reports without imposing a burden on the few unregulated firms that are likely to be subject to the recordkeeping requirements.
www.publicdebt.treas.gov /gsr/gsrlprfi.txt   (11466 words)

  
 Secretary of the Treasury - Friendship Hill National Historic Site
The Secretary of the Treasury is a member of the United States Cabinet.
The job of the Secretary of the Treasury is to advise the President on matters concerning the economy.
Gallatin's "...persistent assaults on the financial policy of the Federalists..." led Jefferson to this conclusion.
www.nps.gov /frhi/sectreas.htm   (1142 words)

  
 HM Treasury - Wikipedia, the free encyclopedia
HM Treasury, in full Her Majesty's Treasury, informally The Treasury, is the United Kingdom government department responsible for developing and executing the British government's public finance policy and economic policy.
Beginning in the 17th century, the Treasury was frequently entrusted to a commission, rather than to a single individual, and after 1714, it was always in commission.
Stephen Timms MP Parliamentary Secretary to the Treasury and Chief Whip — The Rt Hon.
en.wikipedia.org /wiki/HM_Treasury   (623 words)

  
 United States Secretary of the Treasury - dKosopedia
The United States Secretary of the Treasury is the 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.
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.
Deputy Secretary of Treasury Kenneth W Dam served as Acting Secretary of Treasury from December 31, 2002 to February 3, 2003.
www.dkosopedia.com /wiki/Secretary_of_Treasury   (304 words)

  
 Massachusetts Bankers Association [The MB Interview: Wayne Abernathy ] -
Abernathy was sworn in as Treasury assistant secretary for financial institutions on Dec. 2, 2002.
Abernathy: The Office of the Assistant Secretary for Financial Institutions is a senior policy position given the responsibility to coordinate and bring together administration policy on a whole variety of issues affecting financial institutions: banks, thrifts, insurance companies, stock brokers, futures merchants - all of the financial institutions that are out there.
They're speaking to the health of financial institutions, managing their types of risk, but many of the regulators have never been in the marketplace the way the financial institutions have, the way banks have.
www.massbankers.org /default.asp?LINKNAME=WAYNE_ABERNATHY   (2465 words)

  
 Biography of Stanley Baldwin   (Site not responding. Last check: 2007-10-15)
In 1917 he was appointed to the junior ministerial post of Financial Secretary to the Treasury where he sought to encourage voluntary donations by the rich in order the repay the United Kingdom's war debt, notably writing to The Times under the peusdonym 'FST'.
Joynson-Hicks' successor as Financial Secretary to the Treasury was not in the Cabinet.
The post of Secretary of State for the Dominions is created and held by Leo Amery in tandem with Secretary of State for the Colonies.
biography-3.qardinalinfo.com /b/Baldwin_Stanley.html   (1260 words)

  
 Financial Secretary to the Treasury - Wikipedia, the free encyclopedia
It is the 4th most significant Ministerial role within the Treasury after the Chancellor of the Exchequer, the Chief Secretary to the Treasury, and the Paymaster General.
The role of Financial Secretary to the Treasury was created in 1711 and was known as the Junior Secretary to the Treasury to the Parliamentary Secretary to the Treasury who held the senior position.
The incumbent Financial Secretary to the Treasury is John Healey who has been in the role since 2005, having formerly been the Economic Secretary to the Treasury.
en.wikipedia.org /wiki/Financial_Secretary_to_the_Treasury   (340 words)

  
 USATODAY.com - Treasury panel opposes resurrecting 30-year bond   (Site not responding. Last check: 2007-10-15)
WASHINGTON (AP) — A Treasury Department advisory group has decided against recommending that the government resurrect the 30-year bond to help finance the national debt, according to minutes of the group's meeting released Wednesday.
Treasury will sell $18 billion five-year notes, maturing Aug. 15, 2008, on Wednesday, and it will auction another $18 billion in 10-year notes, maturing on Aug. 15, 2013, on Thursday.
Brian Roseboro, the Treasury's assistant secretary for financial markets, repeated the department's opposition to bringing back the 30-year bond, at least now.
www.usatoday.com /money/economy/2003-07-30-treasury_x.htm   (568 words)

  
 AUTHORITY OF THE SECRETARY OF THE TREASURY REGARDING POSTAL SERVICE BOND OFFERING
The Secretary may elect to purchase such obligations under such terms, including rates of interest, as he and the Postal Service may agree, but at a rate of yield no less than the prevailing yield on outstanding marketable Treasury securities of comparable maturity, as determined by the Secretary.
It need not seek or obtain the consent of the Secretary of the Treasury either as to the fact of the borrowing or the terms and conditions upon which it is done.
If the Secretary had consented to the deposit of funds with the trustee, it still would have been necessary to determine whether the purchase of a portfolio of government securities by the trustee would be subject to the requirements of § 2003(c).
www.usdoj.gov /olc/combinat.htm   (3899 words)

  
 Treasury Department Names Special Envoy to China - US Department of State
Treasury Secretary John Snow announced on May 19 that he is appointing Olin L. Wethington as his special envoy to China.  Wethington will be responsible for direct engagement with China on issues related to exchange rate and financial market reform.
Wethington was named counselor to the secretary of the Treasury upon his return from Baghdad, and played a central role in the international effort to reduce Iraq's $125 billion external debt.  He will continue to serve as counselor to the secretary.
Treasury Secretary John Snow today announced that he is appointing Olin L. Wethington as his Special Envoy on China.  Mr.
usinfo.state.gov /eap/Archive/2005/May/22-810260.html   (574 words)

  
 Financial Sense "Honest Money: Part V, History of American Money and Banking by Douglass V. Gnazzo 11/15/2004
Robert Morris was appointed Financial Agent (Secretary of the Treasury) of the United States, so as to be able to oversee the operation of the Bank.
As one of the prominent members of Congress and the Government’s Financial Agent, Morris was able to appropriate specie on loan from France to the United States, and invested it “for the government” in “his” own bank.
President Madison guided the Second Bank through Congress with the help of the rich Philadelphian lawyer and Secretary of the Treasury, Alexander J. Dallas, his close friend John Jacob Astor, and another rich Philadelphian lawyer by the name of Stephen Girard (reputed to be one of the two wealthiest men in America).
www.financialsense.com /fsu/editorials/gnazzo/2004/part5.html   (3103 words)

  
 Treasury to Study Financial Institutions' Information Sharing Practices, March 2002
release regarding a study of information sharing practices among financial institutions and their affiliates that the Secretary is conducting in conjunction with the federal functional regulatory agencies and the Federal Trade Commission.
Comments on the release must be submitted to the Secretary on or before April 1, 2002.
proposed rules that provide for the sharing of information-between the government and financial institutions and among financial institutions-for the purpose of combating terrorism and money laundering.
www.ici.org /issues/fserv/arc-reg/02_treas_info_share_study.html   (305 words)

  
 H.M. TREASURY: Financial Secretary - Speeches
27/03/00 Speech by Stephen Timms MP, Financial Secretary to the Treasury, at ACFO Post-Budget Roadshow, 27 March 2000
25/11/99 Speech by Stephen Timms MP, Financial Secretary to the Treasury, at the Proshare Conference, 25 November 1999
29/03/99: Speech by Financial Secretary to the Treasury,at the CISCO Conference
archive.treasury.gov.uk /speech/fst.html   (360 words)

  
 UNITED STATES INTELLIGENCE COMMUNITY - WHO WE ARE
The Treasury Department is a Cabinet-level agency whose mission is to promote the conditions for prosperity and stability in the United States and encourage prosperity and stability in the rest of the world.
TFI also includes the Assistant Secretary for the Office of Terrorist Finance and Financial Crime, the Office of Foreign Assets Control, the Financial Crimes Enforcement Network, and the Treasury Executive Office for Asset Forfeiture.
TFI was created in 2004 to marshal the Department's unique policy focus, financial intelligence, global network, regulatory responsibilities, tools and authorities to safeguard the financial system and counter the financial underpinnings of national security threats.
www.intelligence.gov /1-members_treasury.shtml   (265 words)

  
 Alexander Hamilton . Timeline . Treasury Secretary | The New-York Historical Society   (Site not responding. Last check: 2007-10-15)
In September 1789, Washington, the newly elected first President, tapped his former aide to be first Secretary of the Treasury.
Hamilton, in his position as first Secretary of the Treasury, took a nation that was mired in debt and gave it one of the worldís first modern financial systems.
Hamilton is appointed the nation's first Secretary of the Treasury.
www.alexanderhamiltonexhibition.org /timeline/timeline4.html   (260 words)

  
 John W. Snow, Secretary of the Treasury, 2003-2006
President George W. Bush nominated John William Snow to be the 73rd Secretary of the Treasury on January 13, 2003.
As Secretary of the Treasury, Snow worked closely with President Bush to strengthen economic growth and create jobs.
John Snow was born in Toledo, Ohio, on August 2, 1939, and graduated in 1962 from the University of Toledo.
www.whitehouse.gov /government/snow-bio.html   (387 words)

  
 Political Battles
Hamilton is best known for his tenure as Secretary of the Treasury, for it is in that role that he made his most important and lasting contributions to the governance of the nation.
With supreme confidence, he expanded his post into a pulpit from which he directed the operations of over 1,000 Treasury employees, issued intimidating and bewildering financial reports to the Congress, involved himself in virtually all major political issues, and generally acted as a kind of philosopher of economics for the country.
Indeed, the complexities allowed the charge because Hamilton was uninterested in explaining financial intricacies for the common people, and because the Republicans therefore seized the opportunity to define their opponent.
xroads.virginia.edu /~CAP/ham/hampltcs.html   (3698 words)

  
 Welcome to the Republic of Ghana   (Site not responding. Last check: 2007-10-15)
A statement said Mr Boateng's visit was part of a regional tour, including Mali and Nigeria, during which he would be highlighting international commitment to Africa as a key priority for the UK Presidency of the EU and the G7/G8.
Ghana is one of 19 countries to benefit from the multilateral debt initiative, which focus on an excess of 65 million pounds of direct aid provided to Ghana by the UK last year.
He was previously Financial Secretary to the Treasury, 2001-2002, and Minister for Home Affairs, 1998-2001 and previously Parliamentary Under Secretary of State at the Department of Health, 1997-98.
www.ghana.gov.gh /visiting/article.php?id=0000008503   (417 words)

  
 speech to Council of Mortgage Lenders (CML) annual conference
Just over a year ago the then Financial Secretary to the Treasury set the agenda for what has become known as the “N2+2” review - the review of the Financial Services and Markets Act after its first two years of operation.
As part of that, we and the FSA were invited to conduct a review of how we work together on cases that have wider implications, and to consider what argument there might be for establishing an appeal mechanism for ombudsman decisions.
Last week Stephen Timms, the new Financial Secretary, confirmed that the Treasury view is that an appeal mechanism is unattractive.
www.financial-ombudsman.org.uk /news/speech/CML_conference_04.htm   (1776 words)

  
 FRB press release--Meeting on credit management convened by Treasury and Federal Reserve--May 22, 2003   (Site not responding. Last check: 2007-10-15)
Treasury Deputy Assistant Secretary for Financial Education Judy Chapa moderated the discussion.
The issue of credit management is one of four areas of focus by the Treasury Department’s Office of Financial Education (OFE), established in 2002 and headed by Deputy Assistant Secretary Chapa.
The OFE works to ensure that Americans have access to financial education programs and that they obtain the practical knowledge and skills that will enable them to make informed financial choices through various life stages.
www.federalreserve.gov /boarddocs/press/other/2003/20030522/default.htm   (363 words)

  
 FT.com / World / US & Canada - Hank Paulson named Treasury chief
Hank Paulson, chairman and chief executive of Goldman Sachs, was on Tuesday nominated as US Treasury secretary, a move that could revive the power of the department and boost confidence in the Bush administration’s handling of the economy.
He has the chance to position himself as the leading voice on the US economy, at a time of rising volatility in the international financial markets, and while Ben Bernanke, chairman of the Federal Reserve, has yet to acquire the decisive authority of his predecessor.
Although the outgoing secretary has been criticised for not doing enough to promote the economy, Kevin Hassett, director of economic policy at the American Enterprise Institute, said that during Mr Snow’s tenure the economy had grown on average, by 3.98 per cent per year.
news.ft.com /cms/s/3bc07bb8-efe0-11da-b80e-0000779e2340.html   (662 words)

  
 Edwin Samuel Montagu, 1879-1924
The second son of international financier and Jewish activist Samuel Montagu (Montagu Samuel), Edwin was elected to Parliament in 1906.
He was Undersecretary of State for India (1910-1914), Financial Secretary to the Treasury (1914), Chancellor of Lancaster (1915), Minister of Munitions (1916), and Secretary of State for India (1917-1922).
Edwin was a strong opponent of Zionism, and as a member of Lloyd George's administration was able to modify the text of the original Balfour Declaration (which, in the end, was instrumental in the creation of the state of Israel).
www.montaguemillennium.com /familyresearch/h_1924_edwin.htm   (421 words)

  
 Competitive Enterprise Institute
to be the next Secretary of the Treasury, according to the Competitive Enterprise Institute.
The Goldman Sachs chairman's other role as chairman of the board of the Nature Conservancy, which is under investigation for financial misdealings that benefited some of its officers and donors, should automatically disqualify him for the top Treasury job.
A far better choice for Treasury Secretary would be a candidate in the mold of outgoing Secretary John Snow.
www.cei.org /gencon/003,05349.cfm   (354 words)

  
 Euro2day :: Top economists appointed to MPC
Professor Besley, of the London School of Economics, was a tutor to Ed Balls, economic secretary to the Treasury, at Keble College, Oxford, in the mid-1980s.
The Treasury on Thursday confirmed the links between the two, but Mr Balls declined to comment on whether this affected the selection process.
However, the Treasury is unlikely to receive any sniping from economists about the quality of the two appointments.
www.euro2day.gr /articlesfna/17546788   (1031 words)

  
 UKSIF Millennium Annual Lecture - Stephen Timms MP, Financial Secretary To The Treasury   (Site not responding. Last check: 2007-10-15)
Stephen Timms MP, Financial Secretary To The Treasury, delivered the UK Social Investment Forum Millenium Annual Lecture on Tuesday 28th November to a packed audience of representatives of the financial services industry, charities and UKSIF members.
I know from my work at the Treasury among new economy firms, and from the experience of organisations like Community Links and the Bromley by Bow Centre in my area in East London, both of whom submitted evidence to the taskforce, that there is plenty of enthusiasm among entrepreneurs to contribute.
This is a growing sector, with a few long-established institutions like Industrial Common Ownership Finance for the co-operative sector and the Prince's Trust on the one hand; and newer institutions like the Aston Reinvestment Trust and the Portsmouth Area Regeneration Trust, both of which I have visited this year, on the other.
www.uksif.org /Z/Z/Z/lib/2000/11/ev-ann-lec/index.shtml   (3762 words)

  
 Kelly takes on Local Government role after education 'rollercoaster' | 24dash.com - Local Government
As an impressive member of Gordon Brown's Treasury team, it was no surprise when the Prime Minister promoted her to the Cabinet.
Her masterful performances at the despatch box earlier in her career were replaced by dismal confrontations with then shadow education secretary David Cameron, a newcomer to the frontbench.
She was appointed Economic Secretary to the Treasury in 2001 and became Financial Secretary the following year.
www.24dash.com /news/2/5463/index.htm   (650 words)

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