The Treasury Department is the U.S. government agency in charge of managing the country’s debt and executing fiscal policy. Alexander Hamilton served as the nation’s first Treasury Secretary, from 1789 to 1795, a time when the capital was still in Philadelphia. He committed to fully repay the debt obligations incurred by the states during the war of independence.
Related Articles:
- Behind the Wheel of Tesla’s Model S and Elon Musk’s Endless InnovationWhile President Barack Obama is talking about the salvation of the auto industry this week, other car enthusiasts have their eyes on innovators like Elon Musk, CEO and founder of Tesla Motors. This summer, Alexander Mason, 17, visited the electric car company’s headquarters in Palo Alto, Calif., and came away with key insights about entrepreneurial spirit and leadership.
- Wharton Insights on the Impact and Implications of Coronavirus