Office of Federal Finance
The Office of Federal Finance (OFF), under the direction of the Deputy Assistant Secretary for Federal Finance, oversees issues involving Treasury financing, public debt management, Federal regulation of financial markets, and related economic matters including regulatory issues in the Government securities markets and the futures markets. OFF analyzes and monitors economic and financial developments; assesses and originates alternative financing initiatives for the Federal government; manages clearing and settlement issues involving the Government securities markets; proposes changes in tax provisions affecting the Treasury securities market; and oversees foreign investment in Treasury securities. OFF is also responsible for leading the inter-agency effort on advanced counterfeit deterrence.
Within the Office of Federal Finance are
- The Office of Debt Management (ODM), led by the Director of the Office of Debt Management
- The ODM is responsible for providing advice and analysis on matters related to the Department of the Treasury's debt management policy, the marketing of Treasury and federally-related securities, and financial market research, producing Treasury's official yield curve and setting interest rates for Federal borrowing and lending programs, and advising on the regulation of the Government securities market.
- The Office of Financial Market Policy (OFMP), led by the Director of the Office of Financial Market Policy
- The OFMP helps formulate the Department of the Treasury's policy on financial markets, including economic matters regarding, and the regulation of, government securities, credit, equity, and derivatives markets and their structures and participants.
- The Office of Advanced Counterfeit Deterrence (ACD) led by the Director of the Office of Advanced Counterfeit Deterrence
- The ACD is charged with the stewardship of the nation’s currency system. The ACD acts with the Secretary of the Treasury to address counterfeit deterrence issues and make decisions on final currency design and counterfeit deterrent features.
Read more about this topic: Office Of Financial Markets (U.S.)
Famous quotes containing the words office of, office, federal and/or finance:
“Along the garden-wall the bees
With hairy bellies pass between
The staminate and pistillate,
Blest office of the epicene.”
—T.S. (Thomas Stearns)
“What office is there which involves more responsibility, which requires more qualifications, and which ought, therefore, to be more honourable, than that of teaching?”
—Harriet Martineau (1802–1876)
“If the federal government had been around when the Creator was putting His hand to this state, Indiana wouldn’t be here. It’d still be waiting for an environmental impact statement.”
—Ronald Reagan (b. 1911)
“There is an enormous chasm between the relatively rich and powerful people who make decisions in government, business, and finance and our poorer neighbors who must depend on these decisions to alleviate the problems caused by their lack of power and influence.”
—Jimmy Carter (James Earl Carter, Jr.)