Government Agencies That Affect the Economy
Virtually every government agency affects the economy by its very existence, by doing its work, and by keeping people gainfully employed. But some government entities exist mainly to deal with the nation’s business, economic, and financial matters. Here we briefly examine the most important ones.
The Department of the Treasury was established by an act of the first Congress and has been overseeing the nation’s money ever since. Key areas of the department include the following:
• Internal Revenue Service: Assesses and collects taxes within the country and is the largest of the Treasury’s bureaus
• Office of the Comptroller of the Currency: Regulates and supervises national ...