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When Reserve Bank inventories of fit cash run down to certain levels because of the destruction of unfit notes, the Reserve banks order new notes from the Bureau of Engraving and Printing, a division of the Treasury Department.
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Geithner began working with the Treasury Department in 1988 in the International Affairs division.
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The Secret Service was created as a division of the U.S. Treasury on July 5, 1865, to suppress counterfeit currency.
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Bank of America is in its strongest capital position ever (thanks in part to timely assistance from the U.S. Treasury and the Fed's interest-lowering activities), but customers in its commercial lending division aren't biting.
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