Treasurer Of The United States
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Treasurer Of The United States
The treasurer of the United States is an officer in the United States Department of the Treasury who serves as custodian and trustee of the federal government's collateral assets and the supervisor of the department's currency and coinage production functions. The current treasurer is Marilynn Malerba, who is the first Native American to hold the post. Responsibilities By law, the treasurer is the depositary officer of the United States with regard to deposits of gold, special drawing rights, and financial gifts to the Library of Congress. The treasurer also directly oversees the Bureau of Engraving and Printing (BEP) and the United States Mint, which respectively print and mint U.S. currency and coinage. In connection to the influence of federal monetary policy on currency and coinage production, the treasurer liaises on a regular basis with the Federal Reserve. However, the duty perhaps most widely associated with the treasurer of the United States is affixing a facsimile ...
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Marilynn Malerba
Marilynn Roberge Malerba (born August 17, 1953) is an American tribal leader and former nurse who is the lifetime chief of the Mohegan Tribe and the treasurer of the United States. Early life and education Malerba's mother holds the position of Tribal Nonner, an elder female of respect, and her great-grandfather was Chief Matagha (Burrill Fielding), a position he held from 1937 until he died in 1952. Malerba studied nursing at Hartford Hospital College of Nursing, and then earned a Bachelor of Science from St. Joseph's College (now known as the University of Saint Joseph) in West Hartford, Connecticut, in 1983. She later earned a Master of Public Administration from the University of Connecticut and a Doctor of Nursing Practice from Yale University. Personal life Malerba is married to Paul Malerba; they are the parents of two adult daughters, Elizabeth and Angela. They have three grandchildren. Career Malerba worked as a nurse at Hartford Hospital and then moved to L ...
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Federal Reserve Note
Federal Reserve Notes, also United States banknotes, are the currently issued banknotes of the United States dollar. The United States Bureau of Engraving and Printing produces the notes under the authority of the Federal Reserve Act of 1913 and issues them to the Federal Reserve Banks at the discretion of the Board of Governors of the Federal Reserve System. The Reserve Banks then circulate the notes to their member banks, at which point they become liabilities of the Reserve Banks and obligations of the United States. Federal Reserve Notes are legal tender, with the words "this note is legal tender for all debts, public and private" printed on each note. The notes are backed by financial assets that the Federal Reserve Banks pledge as collateral, which are mainly Treasury securities and mortgage agency securities that they purchase on the open market by fiat payment. History Prior to centralized banking, each commercial bank issued its own notes. The first insti ...
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Hispanic And Latino Americans
Hispanic and Latino Americans ( es, Estadounidenses hispanos y latinos; pt, Estadunidenses hispânicos e latinos) are Americans of Spaniards, Spanish and/or Latin Americans, Latin American ancestry. More broadly, these demographics include all Americans who identify as Hispanic or Latino (demonym), Latino regardless of ancestry.Mark Hugo Lopez, Jens Manuel Krogstad and Jeffrey S. PasselWho Is Hispanic? Pew Research Center (November 11, 2019). As of 2020, the Census Bureau estimated that there were almost 65.3 million Hispanics and Latinos living in the United States and its Territories of the United States, territories (which include Puerto Rico). "Origin" can be viewed as the ancestry, nationality group, lineage or country of birth of the person or the person's parents or ancestors before their arrival in the United States of America. People who identify as Hispanic or Latino may be of any race. As one of the only two specifically designated categories of Race and ethnicity ...
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Georgia Neese Clark Gray
Georgia Neese Clark Gray (January 27, 1898 – October 26, 1995) was an American actress and banker who served as the 29th treasurer of the United States from 1949 to 1953, and was the first woman to hold that office. Early life Georgia Neese was born in Richland, Kansas, the daughter of Albert Neese, a farmer and businessman, and Ella Sullivan Neese, a stay-at-home mother. Her father, a self-made man, had prospered in the years before her birth and become the town's leading citizen, owning much of its property as well as the bank and general store. The family owned homes in Richland and in nearby Topeka where Neese attended high school graduating in 1917. Neese was a Presbyterian but she briefly attended Bethany College, an Episcopalian school for women in Topeka, before transferring to Washburn University. Neese majored in economics at Washburn and was a member of several student organizations. She was president of the drama club and a member of the Upsilon chapter of Alpha Phi ...
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Elizabeth Rudel Smith
Elizabeth Rudel Smith Gatov (April 27, 1911 – January 25, 1997) was a leader of the California Democratic Party who served as Treasurer of the United States, 1961-1962. Early life She was born in Montreal, the daughter of a Canadian-American industrialist who owned the Rudel Machinery Company, attended Smith College and graduated in 1937 from the University of Michigan. Personal life In 1942, she moved to California when she married San Francisco businessman Frederick H. Smith IV, her third husband, whom she later divorced. She married again in 1962, to Savings and Loan executive Albert W. Gatov, who died in 1978. Mrs. Gatov returned to her Marin home from Washington in 1962 and remained active in Democratic politics for the next 20 years. She was a close friend of the Kennedy family and many other prominent Democrats. Politics Mrs. Gatov first became active in Democratic politics during the Truman presidential campaign of 1948. After working with the Coro Foundation in San ...
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Congressional Research Service
The Congressional Research Service (CRS) is a public policy research institute of the United States Congress. Operating within the Library of Congress, it works primarily and directly for members of Congress and their committees and staff on a confidential, nonpartisan basis. CRS is sometimes known as Congress' think tank due to its broad mandate of providing research and analysis on all matters relevant to national policymaking. CRS has roughly 600 employees reflecting a wide variety of expertise and disciplines, including lawyers, economists, reference librarians, and scientists. In the 2016 fiscal year, it was appropriated a budget of roughly $106.9 million by Congress. CRS was founded during the height of the Progressive Era as part of a broader effort to professionalize the government by providing independent research and information to public officials. Its work was initially made available to the public, but between 1952 and 2018 was restricted only to members of ...
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United States Senate
The United States Senate is the upper chamber of the United States Congress, with the House of Representatives being the lower chamber. Together they compose the national bicameral legislature of the United States. The composition and powers of the Senate are established by Article One of the United States Constitution. The Senate is composed of senators, each of whom represents a single state in its entirety. Each of the 50 states is equally represented by two senators who serve staggered terms of six years, for a total of 100 senators. The vice president of the United States serves as presiding officer and president of the Senate by virtue of that office, despite not being a senator, and has a vote only if the Senate is equally divided. In the vice president's absence, the president pro tempore, who is traditionally the senior member of the party holding a majority of seats, presides over the Senate. As the upper chamber of Congress, the Senate has several powers ...
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Bureau Of The Fiscal Service
The Bureau of the Fiscal Service (Fiscal Service) is a bureau of the U.S. Department of the Treasury. The Fiscal Service replaced the Bureau of the Public Debt and the Financial Management Service effective October 7, 2012 by directive of Treasury Secretary Timothy Geithner. The Bureau manages the government's accounting, central payment systems, and public debt. Among some of its better known duties is to collect any voluntary donations made to the government for reduction of the public debt. The amount of such reductions has hovered around two million dollars per year, and have been widely variable. By comparison, the annual compounding interest on US government debt in the year 2022 has been projected to be about $305B, making it some 152500 times greater than the amount of voluntary donations to the treasury. See also * Title 31 of the Code of Federal Regulations * TreasuryDirect * United States Treasury security United States Treasury securities, also called Treasuri ...
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State Treasurer
In the state governments of the United States, 48 of the 50 states have the executive position of treasurer. New York abolished the position in 1926; duties were transferred to New York State Comptroller. Texas abolished the position of Texas State Treasurer in 1996, transferring the duties of that office to the Texas Comptroller of Public Accounts. The state treasurer serves as the chief custodian of each state's treasury and as the state's head banker. Typically, they receive and deposit state monies, manages investments, and keeps track of budget surpluses and deficits. The position has powers and responsibilities similar to those of the United States Secretary of the Treasury and the Treasurer of the United States, or the chief financial officer of a corporation. Current state treasurers or equivalents In most states, the position is a statewide elected office, usually a constitutional office (that is, provided for in the state constitution). In some states the pos ...
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United States Constitution
The Constitution of the United States is the supreme law of the United States of America. It superseded the Articles of Confederation, the nation's first constitution, in 1789. Originally comprising seven articles, it delineates the national frame of government. Its first three articles embody the doctrine of the separation of powers, whereby the federal government is divided into three branches: the legislative, consisting of the bicameral Congress ( Article I); the executive, consisting of the president and subordinate officers ( Article II); and the judicial, consisting of the Supreme Court and other federal courts ( Article III). Article IV, Article V, and Article VI embody concepts of federalism, describing the rights and responsibilities of state governments, the states in relationship to the federal government, and the shared process of constitutional amendment. Article VII establishes the procedure subsequently used by the 13 states to ratify it. It is ...
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George Clymer
George Clymer (March 16, 1739January 23, 1813) was an American politician, abolitionist and Founding Father of the United States, one of only six founders who signed both the Declaration of Independence and U.S. Constitution. He was among the earliest patriots to advocate for complete independence from Britain. He attended the Continental Congress and served in political office until the end of his life. He was a Framer of the Constitution where he attempted unsuccessfully to regulate the importation of slaves. Clymer was himself a minor slave owner, at least briefly when seven years-old through inheritance. Early life and family Clymer was born in Philadelphia in the Province of Pennsylvania on March 16, 1739. Orphaned when only a year old, he was apprenticed to his maternal aunt and uncle, Hannah and William Coleman, to prepare to become a merchant. He married Elizabeth Meredith on March 22, 1765. In a letter written by Clymer to the rector of Christ Church, the ...
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