Treasurer of the United States

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Template:Short description Template:Distinguish Template:Use mdy dates Template:Infobox Political post The treasurer of the United States is an officer in the United States Department of the Treasury who serves as the custodian and trustee of the federal government's collateral assets and the supervisor of the department's currency and coinage production functions. On March 23, 2025, Donald Trump named Georgia state senator Brandon Beach—breaking a 76-year streak of women holding the position—to be the next treasurer. He was formally appointed on the 28th of May.<ref>Trump Appoints Brandon Beach as US Treasurer</ref>

Responsibilities

By law, the treasurer is the depositary officer of the United States with regard to deposits of gold, special drawing rights,<ref>Template:USC2</ref> and financial gifts to the Library of Congress.<ref>Template:USC2</ref> 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.<ref name=TreasurerDescription>Template:Cite web</ref>

The duty perhaps most widely associated with the treasurer of the United States is affixing a facsimile signature to all Federal Reserve notes. Federal law requires both the treasurer's signature and the treasury secretary's countersignature for Federal Reserve notes to be considered legal tender.<ref>Template:Cite news</ref>

Moreover, the treasurer serves as a senior advisor and representative of the Treasury Department on behalf of the secretary in the areas of community development and public engagement.<ref name=TreasurerDescription/>

History

Creation

On July 29, 1775, long before the Department of the Treasury ever existed, the Second Continental Congress established the Treasury Office to manage revolutionary wartime finances. Congress chose George Clymer and Michael Hillegas as joint treasurers of the United Colonies. On August 6, 1776, however, Clymer resigned from his post, thus making Hillegas the sole incumbent. The position received its current name on May 14, 1777, while Hillegas was still in office.<ref name=TreasuryHistory/>

Change in functions over the years

The post of U.S. treasurer predates the United States Constitution.<ref>Template:Cite web</ref> The treasurer was originally charged with the receipt and custody of all government funds independent of the treasury secretary, not unlike today's elected state treasurers. Beginning in 1939, the Office of the Treasurer and its cash management activities were brought under the direction of a broader Fiscal Service, one that also coordinated governmentwide accounting and debt management. Later in 1974, the cash management function in its entirety was transferred from the treasurer to what is now known as the Bureau of the Fiscal Service as a cost-saving measure.<ref>Template:Cite web</ref> Responsibility for oversight of the Bureau of Engraving and Printing (BEP) and the United States Mint was later assigned to the treasurer in 1981.<ref>Template:Cite web</ref><ref name=TreasuryHistory/> In 1994, the treasurer was also named National Honorary Director of the U.S. Savings Bonds Campaign and therefore assigned the task of promoting - as opposed to managing - the program.<ref>Template:Cite web</ref>

More recently, the requirement of the United States Senate confirmation for the appointment was dropped in August 2012.<ref>Template:Cite web</ref>

Since the appointment of Georgia Neese Clark Gray in 1949, the non-continuous total length of time the office has been vacant is more than 4,750 days, or thirteen years, while in the 170+ years prior to that, such time totaled less than a year.

Female officeholders

Between 1949 and 2025, 17 women held the position of the office of treasurer. Georgia Neese Clark Gray became treasurer on June 21, 1949, making her the first woman to hold the office.<ref name=TreasurersWomen>Template:Cite web</ref> Until Trump's appointment of Brandon Beach to the position in 2025, all subsequent treasurers were women,<ref name=TreasurersWomen/> and several of those women have also been Hispanic, starting with Romana Acosta Bañuelos in 1971.<ref>Template:Cite web</ref>

List of treasurers

The following persons served as treasurers of the United States:<ref>Template:Cite web</ref>

Template:Abbr Name Term of office Template:Abbr President(s) served under
1

Michael Hillegas
July 29, 1775 –
September 11, 1789 (Template:Age in years and days)
George Washington
(also served under Confederation Congress)
Hillegas served jointly with George Clymer until August 6, 1776.
The title of the office was "Treasurer of the United Colonies" until May 14, 1777.<ref name=TreasuryHistory>Template:Cite web</ref>
2 Samuel Meredith September 11, 1789 –
December 1, 1801 (Template:Age in years and days)
George Washington
John Adams
Thomas Jefferson
3
Thomas T. Tucker
December 1, 1801 –
May 2, 1828 (Template:Age in years and days)
(served the longest term)
Thomas Jefferson
James Madison
James Monroe
John Quincy Adams
Template:Age in days vacant
4
William Clark
June 4, 1828 –
May 26, 1829 (Template:Age in years and days)
John Quincy Adams
Andrew Jackson
5 John Campbell May 26, 1829 –
July 20, 1839 (Template:Age in years and days)
Andrew Jackson
Martin Van Buren
Template:Age in days vacant
6 William Selden July 22, 1839 –
November 23, 1850 (Template:Age in years and days)
(served under the most presidents)
Martin Van Buren
William Henry Harrison
John Tyler
James K. Polk
Zachary Taylor
Millard Fillmore
Template:Age in days vacant
7
John Sloane
November 27, 1850 –
April 1, 1853
(Template:Age in years and days)
Millard Fillmore
Franklin Pierce
Template:Age in days vacant
8 Samuel L. Casey April 4, 1853 –
December 22, 1859 (Template:Age in years and days)
Franklin Pierce
James Buchanan
Template:Age in days vacant
9
William C. Price
February 28, 1860 –
March 21, 1861 (Template:Age in years and days)
James Buchanan
Abraham Lincoln
10

Francis E. Spinner
March 16, 1861 –
July 30, 1875 (Template:Age in years and days)
Abraham Lincoln
Andrew Johnson
Ulysses S. Grant
11

John C. New
June 30, 1875 –
July 1, 1876
(Template:Age in years and days)
Ulysses S. Grant
12

A. U. Wyman
July 1, 1876 –
June 30, 1877 (Template:Age in years and days)
Ulysses S. Grant
Rutherford B. Hayes
13

James Gilfillan
July 1, 1877 –
March 31, 1883 (Template:Age in years and days)
Rutherford B. Hayes
James A. Garfield
Chester A. Arthur
14

A. U. Wyman
April 1, 1883 –
April 30, 1885 (Template:Age in years and days)
Chester A. Arthur
Grover Cleveland
15
Conrad N. Jordan
May 1, 1885 –
March 23, 1887 (Template:Age in years and days)
Grover Cleveland
Template:Age in days vacant
16

James W. Hyatt
May 24, 1887 –
May 10, 1889 (Template:Age in years and days)
Grover Cleveland
Benjamin Harrison
17

James N. Huston
May 11, 1889 –
April 24, 1891 (Template:Age in years and days)
Benjamin Harrison
18 File:Enos Hook Nebeker.jpg
File:Enos H. Nebeker (Engraved Signature).jpg
Enos H. Nebeker
April 25, 1891 –
May 31, 1893 (Template:Age in years and days)
Benjamin Harrison
Grover Cleveland
19 File:Daniel N. Morgan - NARA - 516592 (56-P-13)-retouched.jpg
File:Daniel Nash Morgan (Engraved Signature).jpg
Daniel N. Morgan
June 1, 1893 –
June 30, 1897 (Template:Age in years and days)
Grover Cleveland
William McKinley
20 File:Ellis Henry Roberts.jpg
File:Ellis Henry Roberts (Engraved Signature).jpg
Ellis H. Roberts
July 1, 1897 –
June 30, 1905 (Template:Age in years and days)
William McKinley
Theodore Roosevelt
21 File:Charles Henry Treat (Engraved Signature).jpg
Charles H. Treat
July 1, 1905 –
October 30, 1909 (Template:Age in years and days)
Theodore Roosevelt
William Howard Taft
22 File:Lee McClung cph.3b13208.jpg
File:Thomas Lee McClung (Engraved Signature).jpg
Lee McClung
November 1, 1909 –
November 21, 1912 (Template:Age in years and days)
William Howard Taft
23 File:Carmi Thompson.png
File:Carmi Alderman Thompson (Engraved Signature).jpg
Carmi A. Thompson
November 22, 1912 –
March 31, 1913 (Template:Age in years and days)
(served the shortest term)
William Howard Taft
Woodrow Wilson
24 File:JohnBurke1908.png
File:John Burke (Engraved Signature).jpg
John Burke
April 1, 1913 –
January 5, 1921 (Template:Age in years and days)
Woodrow Wilson
Template:Age in days vacant
25 File:Frank White, governor of North Dakota.gif
File:Frank White (Engraved Signature).jpg
Frank White
May 2, 1921 –
May 1, 1928
(Template:Age in years and days)
Warren G. Harding
Calvin Coolidge
Template:Age in days vacant
26 File:H. Theodore Tate LOC npcc.05644.jpg
File:Harold Theodore Tate (Engraved Signature).jpg
Harold Theodore Tate
May 31, 1928 –
January 17, 1929 (Template:Age in years and days)
Calvin Coolidge
27 File:Walter Orr Woods (Engraved Signature).jpg
W. O. Woods
January 18, 1929 –
May 31, 1933 (Template:Age in years and days)
Calvin Coolidge
Herbert Hoover
Franklin Delano Roosevelt
28 File:William Alexander Julian - April 18, 1938.jpg
File:Julian, William Alexander (engraved signature).jpg
William Alexander Julian
June 1, 1933 –
May 29, 1949 (Template:Age in years and days)
Franklin D. Roosevelt
Harry S. Truman
Template:Age in days vacant
29 File:Georgia Neese Clark cph.3f05813.jpg
File:Clark, Georgia Neese (engraved signature).jpg
Georgia Neese Clark
June 21, 1949 –
January 27, 1953 (Template:Age in years and days)
Harry S. Truman
Dwight D. Eisenhower
30 File:Ivy Baker Priest, 1971.jpg
File:Priest, Ivy Baker (engraved signature).jpg
Ivy Baker Priest
January 28, 1953 –
January 29, 1961 (Template:Age in years and days)
Dwight D. Eisenhower
John F. Kennedy
31 File:JFKWHP-AR6410-B-cropped.jpg
File:Smith, Elizabeth Rudell (engraved signature).jpg
Elizabeth Rudel Smith
January 30, 1961 –
April 13, 1962 (Template:Age in years and days)
John F. Kennedy
Template:Age in days vacant
32 File:Kathryn Granahan.jpg
File:Granahan, Kathryn O'Hay (engraved signature).jpg
Kathryn O'Hay Granahan
January 3, 1963 –
November 22, 1966 (Template:Age in years and days)
John F. Kennedy
Lyndon B. Johnson
Template:Age in days vacant
33 File:Dorothy Andrews Elston (Engraved signature).jpg
File:Dorothy Andrews Kabis (Engraved signature).jpg
Dorothy Andrews Elston Kabis<ref>Template:Cite web</ref>
May 8, 1969 –
July 3, 1971
(Template:Age in years and days)
Richard Nixon
Template:Age in days vacant
34 File:Banuelos.jpg
File:Romana Acosta Bañuelos sig.jpg
Romana Acosta Bañuelos
December 17, 1971 –
February 14, 1974 (Template:Age in years and days)
Richard Nixon
Template:Age in days vacant
35
File:Francine I Neff sig.jpg
Francine Irving Neff
June 21, 1974 –
January 19, 1977 (Template:Age in years and days)
Richard Nixon
Gerald Ford
Template:Age in days vacant
36 File:Azie Taylor Morton.jpg
File:Azie Taylor Morton sig.jpg
Azie Taylor Morton
September 12, 1977 –
January 20, 1981 (Template:Age in years and days)
Jimmy Carter
Template:Age in days vacant
37 File:Angela M Buchanan sig.jpg
Angela Marie Buchanan
March 17, 1981 –
July 5, 1983
(Template:Age in years and days)
Ronald Reagan
Template:Age in days vacant
38 File:ETH-BIB-Katherine Davalos Ortega, amerikanische Schatzmeisterin-Com LC1501-00D-006-001.tif
File:Katherine Davalos Ortega sig.jpg
Katherine D. Ortega
September 22, 1983 –
July 1, 1989
(Template:Age in years and days)
Ronald Reagan
George H. W. Bush
Template:Age in days vacant
39
File:Catalina V Villalpando sig.jpg
Catalina Vasquez Villalpando
December 11, 1989 –
January 20, 1993 (Template:Age in years and days)
George H. W. Bush
Template:Age in days vacant
40 File:Mary Ellen Withrow.jpg
File:Mary Ellen Withrow sig.jpg
Mary Ellen Withrow
March 1, 1994 –
January 20, 2001 (Template:Age in years and days)
Bill Clinton
Template:Age in days vacant
41 File:Rosario marin.jpg
File:Rosario Marin sig.jpg
Rosario Marin
August 16, 2001 –
June 30, 2003 (Template:Age in years and days)
<ref>Template:Cite web</ref><ref>Template:Cite web</ref> George W. Bush
Template:Age in days vacant
42 File:Anna Escobedo Cabral, official Treasury photo.jpg
File:Anna Escobedo Cabral sig.jpg
Anna Escobedo Cabral
January 19, 2005 –
January 20, 2009 (Template:Age in years and days)
<ref>Template:Cite web</ref> George W. Bush
Template:Age in days vacant
43 File:Hi-res-rosa-rios.jpg
File:Rosa Gumataotao Rio Signature.jpg
Rosa Gumataotao Rios
August 6, 2009 –
July 11, 2016
(Template:Age in years and days)
<ref>Template:Cite web</ref><ref>Template:Cite web</ref> Barack Obama
Template:Age in days vacant
44 File:Jovita Carranza official photo (cropped).jpg
File:Jovita Carranza (Engraved signature).jpg
Jovita Carranza
June 19, 2017 – January 14, 2020
(Template:Age in years and days)
<ref>Template:Cite web</ref><ref>Template:Cite web</ref> Donald Trump
Template:Age in days vacant
45 File:Marilynn Malerba, U.S. Treasurer (cropped).jpg
Marilynn Malerba
September 12, 2022 – November 15, 2024
(Template:Age in years and days)
<ref>Template:Cite web</ref><ref>Template:Cite news</ref> Joe Biden
File:Director of the Bureau of Engraving and Printing Patricia S. Collins.jpg
Patricia Collins
(acting)
November 16, 2024 – May 28, 2025
(Template:Age in years and days)
<ref>Template:Cite web</ref> Donald Trump
46 File:Official portrait of 46th Treasurer of the United States Brandon Beach.jpg
Brandon Beach
May 28, 2025 – Present
(Template:Age in years and days)
<ref>Template:Cite web</ref> Donald Trump

See also

References

Template:Reflist

Template:US treasurers Template:United States Department of the Treasury