By Bernard S. Katz,C. Daniel Vencill
Describing the lads who've led the U.S. Treasury considering its construction in 1789, this booklet profiles those that have held the cupboard place of Secretary of the Treasury from Alexander Hamilton to Robert Rubin. each one profile presents the reader with an realizing of the fellow, the issues he confronted, and the contributions he made. whereas targeting the commercial coverage difficulties of an period and the recommendations the secretary provided, each one profile additionally contains a vignette illustrating the secretary's character and history. a few signify backgrounds of cash and gear, others backgrounds of simplicity and anonymity. a few got here to the workplace with higher stature than once they left, whereas others made an important mark on our nation's monetary history.
Alexander Hamilton, the 1st Secretary of the Treasury, in addition to gathering and dispersing the general public profit, made the Treasury a major enterprise for selling the country's fiscal improvement and financial soundness. because the nice melancholy, the Treasury's regulatory services were articulated and elaborated. operating with the President's cupboard and with greatest statistical facts, the secretaries have sought to research the industrial outlook and to coordinate authentic activities, together with guidelines to keep up a robust and reliable U.S. buck. The essays during this publication, written through 24 experts, illustrate how the Secretary of the Treasury is liable for formulating and recommending household and overseas monetary, monetary, and tax coverage, engaging within the formula of large financial regulations with basic importance for the financial system, and handling the general public debt. The biographies illustrate carrying on with subject matters of financial administration as our country developed over two hundred stormy years of background. additionally they supply an intimate examine sixty nine person secretaries, with tales and proof approximately their management, rules, variety, and administrative prowess, including their character and kinfolk lives.
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