By Bernard S. Katz,C. Daniel Vencill
Describing the lads who've led the U.S. Treasury because its construction in 1789, this ebook profiles those that have held the cupboard place of Secretary of the Treasury from Alexander Hamilton to Robert Rubin. every one profile presents the reader with an knowing 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 symbolize backgrounds of cash and tool, others backgrounds of simplicity and anonymity. a few got here to the workplace with better 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 company 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 information, the secretaries have sought to research the industrial outlook and to coordinate respectable activities, together with regulations to take care of a powerful and strong U.S. buck. The essays during this ebook, written by way of 24 experts, illustrate how the Secretary of the Treasury is liable for formulating and recommending household and foreign monetary, financial, and tax coverage, engaging within the formula of extensive financial regulations with common importance for the economic system, and handling the general public debt. The biographies illustrate carrying on with issues of financial administration as our country advanced over two hundred stormy years of heritage. additionally they offer an intimate examine sixty nine person secretaries, with tales and evidence approximately their management, rules, sort, and administrative prowess, including their character and relatives lives.
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