United States Secretary of the Treasury: Difference between revisions

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The '''Secretary of the Treasury''' is a Cabinet member charged with developing [[fiscal policy]] for the [[United States of America]] and overseeing the [[Department of the Treasury]]. The position was established in 1789, giving it the distinction of being one of the two oldest [[United States cabinet|Cabinet positions]].<ref name=DepartmentOfTheInteriorHistory>
The '''Secretary of the Treasury''' is a Cabinet member charged with developing [[fiscal policy]] for the [[United States of America]] and overseeing the [[U.S. Department of the Treasury]]. The position was established in 1789, giving it the distinction of being one of the two oldest [[United States cabinet|Cabinet positions]].<ref name=DepartmentOfTheInteriorHistory>
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The first and most influential secretary was [[Alexander Hamilton]] (1789-1794), who established the new nation's finances on a sound bases, and to provide political support created the world's first voter-based political party, the [[Federalist Party]], using the Treasury's national network of supporters.  
The first and most influential secretary was [[Alexander Hamilton]] (1789-1794), who established the new nation's finances on a sound bases, and to provide political support created the world's first voter-based political party, the [[Federalist Party]], using the Treasury's national network of supporters.  


In most countries this position is generally known as the [[Minister of Finance]]; Britain calls it the [[Chancellor of the Exchequer]]. The Secretary is fifth in the [[Presidential Line of Succession|line of succession]] to the Presidency. The current Secretary is [[Henry Paulson]].  
The Secretary shares with the Chairman of the [[Federal Reserve System]] the status as the most powerful decision-maker in financial policy.<ref> The "[[Treasurer of the United States]]" is a separate position, mostly honorific and without power. The Treasurer and Secretary both have their signature on paper currency.</ref>


==Secretaries of the Treasury==
In most countries this position is generally known as the [[Minister of Finance]]; Britain calls it the [[Chancellor of the Exchequer]]. The Secretary is fifth in the [[Presidential Line of Succession|line of succession]] to the Presidency. The current Secretary is [[Timothy F. Geithner]].  
Below is a list of the Secretaries of the Treasury along with their dates of service, and the President(s) they served under<ref>http://www.treasury.gov/education/history/secretaries/index.shtml</ref>:
--------------------------------------------------------------------------------
{| class="wikitable"
! '''name''' !! '''term(s) and appointing President'''
|-
| [[Alexander Hamilton]]<br>[[New York]] ||
{|
| Sept. 11, 1789 || Jan. 31, 1795 || [[George Washington]]
|}
|-
| [[Oliver Wolcott Jr.]]<br>[[Connecticut]] ||
{|
| Feb. 3, 1795 || Mar. 3, 1797 || [[George Washington]]
|-
| Mar. 4, 1797 || Dec. 31, 1800 || [[John Adams]] 
|}
|-
| [[Samuel Dexter]]<br>[[Massachusetts]] ||
{|
| Jan. 1, 1801 || Mar. 3, 1801 || [[John Adams]]
|-
| Mar. 4, 1801 || May. 6, 1801 || [[Thomas Jefferson]]
|}
|-
| [[Albert Gallatin]]<br>[[Pennsylvania]] ||
{|
| May 14, 1801 || Mar. 3, 1809 || [[Thomas Jefferson]]
|-
| Mar. 4, 1809 || Feb 9, 1814 || [[James Madison]]
|}
|-
| [[George W. Campbell]]<br>[[Tennessee]] ||
{|
| Feb. 9, 1814 || Sept. 26, 1814  || [[James Madison]]
|}
|-
| [[Alexander J. Dallas]]<br>[[Pennsylvania]] ||
{|
| Oct. 6, 1814 || Oct. 21, 1816  || [[James Madison]]
|}
|-
| [[William H. Crawford]]<br>[[Georgia]] ||
{|
| Oct. 22, 1816 || Mar. 3, 1817  || [[James Madison]]
|-
| Mar. 4, 1817 || Mar. 3, 1825 || [[James Monroe]]   
|}
|-
| [[Richard Rush]]<br>[[Pennsylvania]] ||
{|
| Mar. 7, 1825 || Mar. 3, 1829 || [[John Quincy Adams]]
|}
|-
| [[Samuel D. Ingham]]<br>[[Pennsylvania]] ||
{|
| Mar. 6, 1829 || Jun. 20, 1831 || [[Andrew Jackson]]
|}
|-
| [[Louis McLane]]<br>[[Delaware]] ||
{|
| Aug. 8, 1831 || May 29, 1833 || [[Andrew Jackson]]
|}
|-
| [[William J. Duane]]<br>[[Pennsylvania]] ||
{|
| May 29, 1833 || Sep. 23, 1833 || [[Andrew Jackson]]
|}
|-
| [[Roger B. Taney]]<br>[[Maryland]] ||
{|
| Sep. 23, 1833 || Jun. 24, 1834 || [[Andrew Jackson]]
|}
|-
| [[Levi Woodbury]]<br>[[New Hampshire]] ||
{|
| Jul. 1, 1834 || Mar. 3, 1837 || [[Andrew Jackson]]
|-
| Mar. 4, 1837 || Mar. 3, 1841 || [[Martin Van Buren]]
|}
|-
| [[Thomas Ewing]]<br>[[Ohio]] ||
{|
| Mar. 5, 1841 || Apr. 4, 1841 || [[William Henry Harrison]]
|-
| Apr. 5, 1841 || Sep. 11, 1841 || [[John Tyler]]
|}
|-
| [[Walter Forward]]<br>[[Pennsylvania]] ||
{|
| Sep. 13, 1841 || Mar. 1, 1843 || [[John Tyler]]
|}
|-
| [[John C. Spencer]]<br>[[New York]] ||
{|
| Mar. 8, 1843 || May 2, 1844 || [[John Tyler]]
|}
|-
| [[George M. Bibb]]<br>[[Kentucky]] ||
{|
| Jul. 4, 1844 || Mar. 3, 1845 || [[John Tyler]]
|-
| Mar. 4, 1845 || Mar. 7, 1845 || [[James Knox Polk]]
|}
|-
| [[Robert J. Walker]]<br>[[Mississippi]] ||
{|
| Mar. 8, 1845 || Mar. 3, 1849 || [[James Knox Polk]]
|-
| Mar. 4, 1849 || Mar. 5, 1849 ||[[Zachary Taylor]]
|}
|}


==temp2==
{| class="wikitable"
! '''name''' !! '''term(s) and appointing President'''
|-
| [[William M. Meredith]]<br>[[Pennsylvania]] ||
{|
| Mar. 8, 1849 || Jul. 9, 1850 || Taylor
|-
| Jul. 10, 1850 || Jul. 22, 1850 || [[Millard Fillmore]]
|}
|-
| [[Thomas Corwin]]<br>[[Ohio]] ||
{|
| Jul. 23, 1850 || Mar. 3, 1853 || [[Millard Fillmore]]
|-
| Mar 4, 1853 || Mar. 6, 1853 || [[Franklin Pierce]]
|}
|-
| [[James Guthrie]]<br>[[Kentucky]] ||
{|
| Mar. 7, 1853 || Mar. 3, 1857 || [[Franklin Pierce]]
|-
| Mar. 4, 1857 || Mar. 6, 1857 || [[James Buchanan]]
|}
|-
| [[Howell Cobb]]<br>[[Georgia]] ||
{|
| Mar. 7, 1857 || Dec. 8, 1860 || [[James Buchanan]]
|}
|-
| [[Philip F. Thomas]]<br>[[Maryland]] ||
{|
| Dec. 12, 1860 || Jan. 14, 1861 || [[James Buchanan]]
|}
|-
| [[John A. Dix]]<br>[[New York]] ||
{|
| Jan. 15, 1861 || Mar. 3, 1861 || [[James Buchanan]]
|-
| Mar. 4, 1861 || Mar. 6, 1861 || [[Abraham Lincoln]]
|}
|-
| [[Salmon P. Chase]]<br>[[Ohio]] ||
{|
| Mar. 7, 1861 || Jun. 30, 1864 || [[Abraham Lincoln]]
|}
|-
| [[William P. Fessenden]]<br>[[Maine]] ||
{|
| Jul. 5, 1864 || Mar. 3, 1865 || [[Abraham Lincoln]]
|}
|-
| [[Hugh McCulloch]]<br>[[Indiana]] ||
{|
| Mar. 9, 1865 || Apr. 15, 1865 || [[Abraham Lincoln]]
|-
| Apr. 15, 1865 || Mar. 3, 1869 || [[Andrew Johnson]]
|}
|-
| [[George S. Boutwell]]<br>[[Massachusetts]] ||
{|
| Mar. 12, 1869 || Mar. 16, 1873 ||[[Ulysses Simpson Grant]]
|}
|-
| [[William A. Richardson]]<br>[[Massachusetts]] ||
{|
| Mar. 17, 1873 || Jun. 3, 1874 ||[[Ulysses Simpson Grant]]
|}
|-
| [[Benjamin H. Bristow]]<br>[[Kentucky]] ||
{|
| Jun. 4, 1874 || Jun. 20, 1876 ||[[Ulysses Simpson Grant]]
|}
|-
| [[Lot M. Morrill]]<br>[[Maine]] ||
{|
| Jul. 7, 1876 || Mar. 3, 1877 || [[Ulysses Simpson Grant]]
|-
| Mar. 4, 1877 || Mar. 9, 1877 || [[Rutherford Birchard Hayes]]
|}
|-
| [[John Sherman]]<br>[[Ohio]] ||
{|
| Mar. 10, 1877 || Mar. 3, 1881 || [[Rutherford Birchard Hayes]]
|}
|}


==temp3==
==See also==
{| class="wikitable"
* [[Treasurer of the United States]]
! '''name''' !! '''term(s) and appointing President'''
* [[Federal Reserve System]]
|-
William Windom, Minnesota
Mar. 8, 1881 - Sep. 19, 1881 [[James Abram Garfield]]
Sep. 20, 1881 - Nov. 13, 1881 [[Chester Alan Arthur]]
 
--------------------------------------------------------------------------------
   
   
Charles J. Folger, New York
====Notes====
Nov. 14, 1881 - Sep. 4, 1884 Arthur 
<references/>
 
--------------------------------------------------------------------------------
Walter Q. Gresham, Indiana
Sep. 25, 1884 - Oct. 30, 1884 Arthur 
 
--------------------------------------------------------------------------------
Hugh McCulloch, Indiana
Oct. 31, 1884 - Mar. 3, 1885 Arthur
Mar. 4, 1885 - Mar. 7, 1885 [[Grover Cleveland]]
 
--------------------------------------------------------------------------------
Daniel Manning, New York
Mar. 8, 1885 - Mar. 31, 1887 Cleveland 
 
--------------------------------------------------------------------------------
Charles S. Fairchild, New York
Apr. 1, 1887 - Mar. 3, 1889 Cleveland
Mar. 4, 1889 - Mar. 6, 1889 [[Benjamin Harrison]]
 
--------------------------------------------------------------------------------
William Windom, Minnesota
Mar. 7, 1889 - Jan. 29, 1891 B. Harrison 
 
--------------------------------------------------------------------------------
Charles Foster, Ohio
Feb. 25, 1891 - Mar. 3, 1893 B. Harrison
Mar. 4, 1893 - Mar. 6, 1893 Cleveland 
 
--------------------------------------------------------------------------------
John G. Carlisle, Kentucky
Mar. 7, 1893 - Mar. 3, 1897 Cleveland
Mar. 4, 1897 - Mar. 5, 1897 [[William McKinley]]


--------------------------------------------------------------------------------
[[Category:Suggestion Bot Tag]]
Lyman J. Gage, Illinois
Mar. 6, 1897 - Sep. 14, 1901 McKinley
Sep. 14, 1901 - Jan. 31, 1902 [[Theodore Roosevelt]]  
 
--------------------------------------------------------------------------------
Leslie M. Shaw, Iowa
Feb. 1, 1902 - Mar. 3, 1907 T. Roosevelt 
 
--------------------------------------------------------------------------------
George B. Cortelyou, New York
Mar. 4, 1907 - Mar. 3, 1909 T. Roosevelt
Mar. 4, 1909 - Mar. 7, 1909 [[William Howard Taft]] 
 
--------------------------------------------------------------------------------
Franklin MacVeagh, Illinois
Mar. 8, 1909 - Mar. 3, 1913 Taft
Mar. 4, 1913 - Mar. 5, 1913 Woodrow Wilson 
|}
==temp3==
{| class="wikitable"
! '''name''' !! '''term(s) and appointing President'''
|-
|
William G. McAdoo, New York
Mar. 6, 1913 - Dec. 15, 1918 Wilson 
 
--------------------------------------------------------------------------------
Carter Glass, Virginia
Dec. 16, 1918 - Feb. 1, 1920 Wilson 
 
--------------------------------------------------------------------------------
David F. Houston, Missouri
Feb. 2, 1920 - Mar. 3, 1921 Wilson 
 
--------------------------------------------------------------------------------
Andrew W. Mellon, Pennsylvania
Mar. 4, 1921 - Aug. 2, 1923 [[Warren Gamaliel Harding]]
Aug. 3, 1923 - Mar. 3, 1929 [[Calvin Coolidge]]
Mar. 4, 1929 - Feb. 12, 1932 [[Herbert Clark Hoover]]
 
--------------------------------------------------------------------------------
Ogden L. Mills, New York
Feb. 13, 1932- Mar. 3, 1933 Hoover 
 
--------------------------------------------------------------------------------
William H. Woodin, New York
Mar. 4, 1933 - Dec. 31, 1933 [[Franklin Delano Roosevelt]] 
 
--------------------------------------------------------------------------------
Henry Morgenthau, Jr., New York
Jan. 1, 1934 - Apr. 12, 1945 F.D. Roosevelt
Apr. 12, 1945 - Jul. 22, 1945 [[Harry S. Truman]]
 
--------------------------------------------------------------------------------
Fred M. Vinson, Kentucky
Jul. 23, 1945 - Jun. 23, 1946 Truman 
 
--------------------------------------------------------------------------------
John W. Snyder, Missouri
Jun. 25, 1946 - Jan. 20, 1953 Truman 
 
--------------------------------------------------------------------------------
George M. Humphrey, Ohio
Jan. 21, 1953 - Jul. 29, 1957 [[Dwight David Eisenhower]]
 
--------------------------------------------------------------------------------
Robert B. Anderson, Connecticut
Jul. 29, 1957 - Jan. 20, 1961 Eisenhower 
|}
==temp3==
{| class="wikitable"
! '''name''' !! '''term(s) and appointing President'''
|-
|
C. Douglas Dillon, New Jersey
Jan. 21, 1961 - Nov 22, 1963  Kennedy
Nov. 22, 1963 - Apr. 1, 1965 [[Lyndon Baines Johnson]]
 
--------------------------------------------------------------------------------
Henry H. Fowler, Virginia
Apr. 1, 1965 - Dec. 20, 1968 L.B. Johnson 
 
--------------------------------------------------------------------------------
Joseph W. Barr, Indiana
Dec. 21, 1968 - Jan. 20, 1969 L.B. Johnson 
 
--------------------------------------------------------------------------------
David M. Kennedy, Utah
Jan. 22, 1969 - Feb. 11, 1971 [[Richard Milhous Nixon]]
 
--------------------------------------------------------------------------------
John B. Connally, Texas
Feb. 11, 1971 - Jun. 12, 1972 Nixon 
 
--------------------------------------------------------------------------------
George P. Shultz, Illinois
Jun. 12, 1972 - May 8, 1974 Nixon 
 
--------------------------------------------------------------------------------
William E. Simon, New Jersey
May 8, 1974 - Aug. 9, 1974 Nixon
Aug 9, 1974 - Jan. 20, 1977 [[Gerald Rudolph Ford]]
 
--------------------------------------------------------------------------------
W. Michael Blumenthal, Michigan
Jan. 23, 1977 - Aug. 4, 1979 [[James Earl Carter, Jr.]]
 
--------------------------------------------------------------------------------
G. William Miller, Rhode Island
Aug. 6, 1979 - Jan. 20, 1981 Carter 
|}
==temp3==
{| class="wikitable"
! '''name''' !! '''term(s) and appointing President'''
|-
|
Donald T. Regan, New Jersey
Jan. 22, 1981 - Feb. 2, 1985 [[Ronald Wilson Reagan]]
 
--------------------------------------------------------------------------------
James A. Baker, III, Texas
Feb. 3, 1985 - Aug. 17, 1988 Reagan 
 
--------------------------------------------------------------------------------
Nicholas F. Brady, New Jersey
Sep. 16, 1988 - Jan. 20, 1989 Reagan
Jan. 20, 1989 - Jan. 17, 1993 [[George Herbert Walker Bush]] 
 
--------------------------------------------------------------------------------
Lloyd M. Bentsen, Texas
Jan. 22, 1993 - Dec. 22, 1994 [[William Jefferson Clinton]]
 
--------------------------------------------------------------------------------
Robert E. Rubin, New York
Jan. 10, 1995 - Jul. 2, 1999 Clinton 
 
--------------------------------------------------------------------------------
Lawrence H. Summers, Massachusetts
Jul. 2, 1999 - Jan. 20, 2001 Clinton 
 
--------------------------------------------------------------------------------
Paul H. O'Neill, Pennsylvania
Jan. 30, 2001 - Dec. 31, 2002 [[George Walker Bush]]
 
--------------------------------------------------------------------------------
John W. Snow, Virginia
Feb. 3, 2003 - June 29, 2006  G.W. Bush 
 
--------------------------------------------------------------------------------
Henry M. Paulson, Jr., Illinois
Jul. 10, 2006 - Present G.W. Bush
|}
==References==
<references/>

Latest revision as of 11:59, 3 December 2024

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https://en.citizendium.org/wiki/index.php?title=United_States_Secretary_of_the_Treasury&printable=yes
This editable Main Article is under development and subject to a disclaimer.

The Secretary of the Treasury is a Cabinet member charged with developing fiscal policy for the United States of America and overseeing the U.S. Department of the Treasury. The position was established in 1789, giving it the distinction of being one of the two oldest Cabinet positions.[1] The first and most influential secretary was Alexander Hamilton (1789-1794), who established the new nation's finances on a sound bases, and to provide political support created the world's first voter-based political party, the Federalist Party, using the Treasury's national network of supporters.

The Secretary shares with the Chairman of the Federal Reserve System the status as the most powerful decision-maker in financial policy.[2]

In most countries this position is generally known as the Minister of Finance; Britain calls it the Chancellor of the Exchequer. The Secretary is fifth in the line of succession to the Presidency. The current Secretary is Timothy F. Geithner.


See also

Notes

  1. ↑ DOI history. Department of the Interior. Retrieved on 2007-11-17.
  2. ↑ The "Treasurer of the United States" is a separate position, mostly honorific and without power. The Treasurer and Secretary both have their signature on paper currency.
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