What is the role of the US Treasury Department?

The US Treasury Department is responsible for managing the financial affairs of the federal government. Its primary duties include collecting taxes, managing the federal budget, and regulating the country's financial institutions. The department also oversees the production of US currency, monitors economic conditions, and works to prevent financial crimes such as money laundering and fraud.

One of the key roles of the US Treasury Department is to maintain the stability and integrity of the US financial system. It achieves this through various means, including enforcing financial regulations, promoting economic growth, and working with international partners to coordinate financial policies.