DEPARTMENT OF THE TREASURY
Department of the Treasury.The cabinet-level department of the federal government
responsible for recommending tax and fiscal policies, collecting taxes, disbursing U.S.
government funds, enforcing tax laws, and manufacturing coins and currency. • Created by
Congress in 1789, it is headed by the Secretary of the Treasury. — Also termed Treasury
Department. [Cases: United States 33. C.J.S. United States § 51.] [Blacks Law 8th]