September 2nd: US Department of the Treasury

September 2nd: US Department of the Treasury
September 2nd: US Department of the Treasury is Founded

It was 225 years ago today during the 1st United States Congress that the Department of the Treasury began.  The duties of the Treasury are:

  • Managing Federal finances;
  • Collecting taxes, duties and monies paid to and due to the U.S. and paying all bills of the U.S.;
  • Currency and coinage;
  • Managing Government accounts and the public debt;
  • Supervising national banks and thrift institutions;
  • Advising on domestic and international financial, monetary, economic, trade and tax policy;
  • Enforcing Federal finance and tax laws;
  • Investigating and prosecuting tax evaders, counterfeiters, and forgers.

To assist in financial recuperation from failure to pay taxes or property forfeiture due to violation of Federal law, the Treasury holds over 300 public auctions each year, including real estate, vehicles & general property. Some upcoming sales are highlighted below.

Entire Contents of a Paving Company from Bulverde, Texas

Two lots from a Recreational Campground in Indiana

Entire Contents of a Bridal Store from Dallas, Texas

Waterfront property in Wisconsin

General Property in Riverside, California featuring a 1968 Camaro, a few motorcycles, assorted jewelry, coins, and much more.