Dept Of Treasurer

What Dept Of Treasurer does

The U.S. Department of the Treasury is a federal executive department of the United States government, established in 1789 with administrative origins dating to 1775, headquartered at 1500 Pennsylvania Avenue NW, Washington, DC. Its statutory functions include administering federal finances; collecting taxes through the Internal Revenue Service (IRS); issuing and managing U.S. government debt securities (Treasury bills, notes, bonds, and TIPS) via TreasuryDirect.gov; producing currency through the Bureau of Engraving and Printing and the U.S. Mint; enforcing economic and financial sanctions through OFAC; combating illicit finance through FinCEN; and supervising national banks through the OCC. Treasury manages more than $6 trillion in federal revenue annually and administers multiple COVID-19-era economic relief programs — the Payroll Support Program ($59B), Coronavirus Relief Fund ($150B), Economic Recovery and Relief programs (ERA, $46.55B), Section 1603 cash grants ($26B), and CERTS ($2B) — alongside ongoing programs such as the State Small Business Credit Initiative, Homeowner Assistance Fund, and Capital Projects Fund. The current Secretary is Scott Bessent, the 79th Secretary of the Treasury, sworn in on January 28, 2025.

Treasury operates through a network of bureaus and offices: IRS, OCC, FinCEN, the Bureau of the Fiscal Service (BFS), the Alcohol and Tobacco Tax and Trade Bureau (TTB), the Bureau of Engraving and Printing (BEP), the U.S. Mint, the Office of Inspector General (OIG), the Treasury Inspector General for Tax Administration (TIGTA), the Special Inspector General for Pandemic Recovery (SIGPR), and the Office of Financial Research. Distribution channels include TreasuryDirect.gov for retail securities purchases, IRS.gov for tax administration, BEP and U.S. Mint physical production/distribution, the Treasury Portal, and the Federal Reserve System acting as fiscal agent. Documented vendor and institutional partnerships include ID.me for identity verification, SAM.gov for entity registration, DocuSign for electronic signatures, and Houlihan Lokey and Loop Capital Markets as financial agents for airline warrant auctions.

Treasury does not operate as a commercial enterprise and does not generate revenue in a market-pricing sense; its funding is appropriated, its scale is defined by federal revenue administered ($6T+ annually) and the U.S. debt obligations it services, and its customer base spans every U.S. individual, business, financial institution, and government unit. There are no equity shareholders, venture investors, or commercial customers; accountability is to the U.S. Congress and the President. Recent leadership transitions (79th Secretary and supporting Senate-confirmed principals) and a regulatory pivot toward sanctions expansion into digital-asset networks, together with restructuring such as the Office of Tribal and Native Affairs, define the current strategic posture.

Name

Dept Of Treasurer

Legal name

U.S. Department of the Treasury

Website

https://treasury.gov

Company type

Public

Founded year

1789

Operating status

Operating

Headcount range

11–50 employees

Short description

The U.S. Department of the Treasury is a federal executive department that administers U.S. government finances, including tax collection (IRS), debt securities issuance, financial sanctions enforcement (OFAC), and economic relief programs serving American individuals, businesses, state/local/tribal governments, and financial institutions.

Ownership category

akta.pro rank

Product category

Government Financial Administration

NAICS

Public Finance Activities (921130), Public Finance Activities (92113), Monetary Authorities-Central Bank (52111)

SIC

Finance Services (6199), Federal & Federally-Sponsored Credit Agencies (6111)

akta.pro primary industry

Treasury & Cash Management (BPAIAEAB)

akta.pro secondary industry

Withholding & Payroll Tax Administration (BPAIADAI)

Keywords

• Federal tax administration
• Treasury securities issuance
• Financial sanctions enforcement
• Economic relief programs
• Government fiscal services

Headquarters

HQ city

Washington, DC

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure

Revenue model

1. Tax Collection and Revenue Generation: The IRS collects federal taxes (income, corporate, excise, estate, and gift taxes) which fund government operations. Treasury manages federal receipts and government revenue.
2. Debt Issuance and Securities Sales: Treasury issues Treasury bills, notes, bonds, and inflation-protected securities to fund government operations. Interest payments are made to security holders.
3. Federal Reserve Oversight: Treasury works with the Federal Reserve on monetary policy and manages the Exchange Stabilization Fund for currency intervention
4. Airline Financial Assistance Programs: Treasury provided $59 billion in Payroll Support Program payments to aviation industry for employee wages, salaries, and benefits across three rounds (PSP1, PSP2, PSP3). Warrants received from airlines as partial compensation are being auctioned.
5. Transportation Services Relief: CERTS program provided $2 billion in grants to motorcoach, school bus, passenger vessel, and pilotage companies impacted by COVID-19 pandemic
6. Clean Energy Payments: Section 1603 Program made payments in lieu of investment tax credits to reimburse applicants for a portion of clean energy property installation costs (solar, wind, geothermal, biomass, etc.)
7. Emergency Rental Assistance: ERA1 ($25B) and ERA2 ($21.55B) programs provided rental assistance to eligible households during COVID-19 pandemic
8. Coronavirus Relief Fund Distribution: CARES Act established $150B Coronavirus Relief Fund for payments to State, Local, and Tribal governments for COVID-19 related expenses

Pricing tiers

Go-to-market motion1 record

Distribution channels7 records

Marketing channels6 records

Core offering

The U.S. Department of the Treasury administers public finances of the United States through federal tax collection, government debt issuance, currency production, and economic relief program management. Treasury provides consumer-facing securities purchasing via TreasuryDirect, business tax compliance via the IRS, financial sanctions enforcement via OFAC, anti-money laundering oversight via FinCEN, and supervision of national banks via the OCC. It also administers a portfolio of COVID-19 economic relief programs including the Payroll Support Program, CERTS, Emergency Rental Assistance, SSBCI, Coronavirus Relief Fund, Section 1603 clean energy payments, and Homeowner Assistance Fund.

Product overview

The U.S. Department of the Treasury operates as a government agency providing financial services, economic relief programs, and regulatory functions. Its product portfolio includes TreasuryDirect (consumer-facing securities platform), multiple COVID-19 relief programs (CERTS, PSP, ERA, Coronavirus Relief Fund, SSBCI, Homeowner Assistance Fund, Capital Projects Fund), the Section 1603 clean energy payment program, and financial sanctions compliance services (OFAC). The department offers online portals for program applications, reporting, and securities management. Programs are delivered through various bureaus including IRS, FinCEN, OCC, Bureau of Engraving & Printing, U.S. Mint, and Bureau of the Fiscal Service.

Differentiator

Problem solved

Functional benefit

Products and services

• TreasuryDirect Online platform for individuals to buy, manage, and redeem U.S. Treasury securities including savings bonds, bills, notes, and bonds directly from the government. Users create accounts to purchase and manage government-backed securities.
• OFAC Financial Sanctions Program Office of Foreign Assets Control sanctions programs, country information, and Specially Designated Nationals (SDN) List search tool providing financial sanctions compliance for businesses, financial institutions, and global entities.
• Federal Tax Administration (IRS) Internal Revenue Service providing federal tax administration, tax filing services, refund processing, tax forms, and taxpayer assistance for individuals and businesses across the United States.
• Payroll Support Program (PSP) Aviation industry relief program providing $59 billion in financial assistance across three rounds (PSP1, PSP2, PSP3) for continued payment of employee wages, salaries, and benefits during the COVID-19 pandemic. Airlines received warrants as partial compensation for financial assistance.
• Coronavirus Economic Relief for Transportation Services (CERTS) Grant program providing $2 billion in assistance to transportation service providers including motorcoach companies, school bus companies, passenger vessel companies, and pilotage companies affected by COVID-19. Average grant amount $1.4 million; 93% of recipients were small businesses.
• Section 1603 Program Clean energy payment program that disbursed over $26 billion to fund 109,766 projects for solar, wind, geothermal, biomass, fuel cells, hydropower, and other specified energy properties, providing payments in lieu of investment tax credits.
• State Small Business Credit Initiative (SSBCI) Federal program providing funding to states, territories, tribal governments, and eligible municipalities for small business financing programs including capital access programs, loan participations, loan guarantees, collateral support, and venture equity programs.
• Emergency Rental Assistance (ERA) Program Housing stability program providing over $46 billion across two programs (ERA1: $25 billion, ERA2: $21.55 billion) to assist eligible renters with rent, utilities, and housing stability services during the COVID-19 pandemic.
• Coronavirus Relief Fund CARES Act program providing $150 billion in payments to state, local, and tribal governments for COVID-19 related expenses not accounted for in budgets most recently approved as of March 27, 2020.
• Homeowner Assistance Fund Federal program providing funds to state and territory housing finance agencies to help homeowners experiencing financial hardship due to COVID-19 avoid foreclosure and stay in their homes.
• Capital Projects Fund Federal fund providing payments to states, territories, and tribal governments for capital projects enabling work, education, and health monitoring in response to COVID-19.
• State and Local Fiscal Recovery Funds ARP Act program providing funds to help state, local, and tribal governments respond to the COVID-19 public health emergency and its economic effects.
• U.S. Mint Coin Products Coin products available through catalog and online store at usmint.gov for collectors and consumers. The U.S. Mint produces circulating coinage and numismatic products.
• Bureau of Engraving & Printing Currency Products Physical currency production and sales through BEP visitor centers, providing U.S. paper currency and security documents for the national economy.

Quantifiable outcome

• $59 billion in Payroll Support Program payments preserved aviation industry jobs during COVID-19
• +5 more outcomes

Named customers12 records

Segments8 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature4 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• System for Award Management (SAM.gov)coreTechnology or Integration · 4 April 2022Federal Service Desk operated by GSA provides entity registration through SAM.gov. Treasury program recipients must register in SAM.gov to receive Unique Entity Identifier (UEI) numbers for federal contracting and payments.
• ID.mecoreTechnology or IntegrationID.me provides secure digital identity verification for the Treasury Portal, used by program recipients applying for SSBCI, CERTS, ERA, and other federal relief programs. Identity verification ensures applicants are who they claim to be.
• Consumer Financial Protection Bureau (CFPB)minorStrategic or Co-development PartnerCFPB hosts interagency housing portal with rental assistance resources for renters and landlords when ERA program periods end.
• Federal Reserve SystemcoreStrategic or Co-development PartnerTreasury serves as the primary liaison with the Federal Reserve for monetary policy, banking supervision, and government banking operations. Federal Reserve serves as Treasury's fiscal agent for securities issuance and payment operations.
• IRS Taxpayer Advocate ServicecoreOthersIndependent IRS organization inside Treasury that helps taxpayers resolve problems with the IRS and protects taxpayer rights.
• State and Local GovernmentscoreChannel Partner/ Reseller/ DistributorFederal COVID-19 relief funds (ERA, SLFRF, CRF) distributed through state and local government partners who administer programs for eligible citizens. Treasury provides funding, guidance, and oversight while states/locals manage distribution.
• Tribal GovernmentscoreChannel Partner/ Reseller/ DistributorTreasury coordinates tribal relations through Office of Tribal and Native Affairs led by the Treasurer. Tribal governments receive direct funding allocations from programs like SSBCI ($500M+), CRF, and ERA for distribution to tribal communities.

Scale indicators15 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Department of Finance Canada: Canada's federal finance ministry with mandate closely paralleling U.S. Treasury: tax policy, federal budget, financial sector regulation, and international economic policy.
• Australian Treasury: Australia's economic and finance ministry; comparable in mandate to U.S. Treasury including federal budget, tax policy, financial sector regulation, and sovereign debt issuance through the Australian Office of Financial Management.
• HM Treasury (United Kingdom): The United Kingdom's economic and finance ministry, directly comparable to U.S. Treasury in mandate: tax policy, debt issuance, financial services regulation, and sanctions enforcement. Operates alongside the Bank of England much as Treasury operates with the Federal Reserve.
• Bundesministerium der Finanzen (Germany): Germany's federal finance ministry with comparable mandate: federal budget, tax administration, debt issuance (Bundesschuldenwesen), and EU financial policy coordination. Direct peer in sovereign treasury operations.

Regional players

• Bank of Japan: Japan's central bank managing yen monetary policy and a major holder of sovereign debt; peer in global sovereign debt markets and reserve currency dynamics relevant to Treasury's funding advantage.
• European Central Bank: Monetary authority for the euro area. Comparable to the Federal Reserve in monetary policy execution, and adjacent to Treasury in shaping global financial conditions that affect U.S. funding costs.
• Bank of England: United Kingdom's central bank and monetary authority. Comparable to the Federal Reserve in Treasury's domestic context, and a peer in sovereign debt issuance and reserve currency management globally.
• Bank of Canada: Canada's central bank managing monetary policy and government debt operations; peer in smaller-scale sovereign debt issuance, reserve management, and financial system oversight.
• People's Bank of China: China's central bank and monetary authority; major foreign holder of U.S. Treasury securities and thus a structural counterparty in Treasury's debt market — relevant peer for global capital flow dynamics.

Broad incumbents

• Federal Reserve System: The U.S. central bank; while distinct from Treasury, it shares overlapping financial system stewardship — monetary policy, payment system oversight, and fiscal agency for Treasury securities — and together they jointly execute economic policy.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xtwitter.com/USTreasury
• Facebookfacebook.com/USTreasuryDept
• LinkedInlinkedin.com/company/dept-of-treasurer

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Dept Of Treasurer