United States Secretary of the Treasury: Difference between revisions

From Citizendium
Jump to navigation Jump to search
imported>George Swan
(more details)
 
(15 intermediate revisions by 6 users not shown)
Line 1: Line 1:
{{subpages}}
{{subpages}}
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>
{{cite web
{{cite web
| url=http://www.doi.gov/history.html
| url=http://www.doi.gov/history.html
Line 9: Line 9:
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]]
|}
|-
| [[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==
{| class="wikitable"
! '''name''' !! '''term(s) and appointing President'''
|-
William Windom, Minnesota
Mar. 8, 1881 - Sep. 19, 1881 [[James Abram Garfield]]
Sep. 20, 1881 - Nov. 13, 1881 [[Chester Alan Arthur]]


--------------------------------------------------------------------------------
==See also==
* [[Treasurer of the United States]]
* [[Federal Reserve System]]
   
   
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]]
 
--------------------------------------------------------------------------------
Lyman J. Gage, Illinois
Mar. 6, 1897 - Sep. 14, 1901 McKinley
Sep. 14, 1901 - Jan. 31, 1902 [[Theodore Roosevelt]] 


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

Latest revision as of 11:59, 3 December 2024

This article is developing and not approved.
 Main Article
 Discussion
Related Articles  [?]
Bibliography  [?]
External Links  [?]
Citable Version  [?]
Addendum [?]
 
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.
Retrieved from "https://citizendium.org/wiki/index.php?title=United_States_Secretary_of_the_Treasury&oldid=995205"