Department of the Treasury

  1. the federal department that collects revenue and administers federal finances; the Treasury Department was created in 1789
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How To Use Department of the Treasury In A Sentence

  • First established in 1789 by an Act of Congress, the United States Department of the Treasury is responsible for federal finances.
  • The agency is a bureau of the Department of the Treasury, and is under the immediate direction of the Commissioner of Internal Revenue.
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