2014 Event The U.S. Treasury is issuing rules to hinder companies from moving their headquarters outside the country to save on taxes; the rules may impact pending deals, such as Burger King's plan to move to Canada after merging with Tim Horton's 2014 Event U.S. Treasury Secretary Jacob Lew urges Congress to increase the debt ceiling because the U.S government debt is expected to hit $17.2 trillion soon 2013 Event According to a report released by the U.S. Treasury Department, in June 2012 Japan surpassed China as the leading foreign holder of U.S. Treasury securities 2013 Event U.S. Treasury Secretary nominee, Jack Lew, begins his confirmation hearing by testifying before the U.S. Senate's financial committee 2013 Event U.S. President announces the nomination of Jack Lew as Treasury Secretary, to replace Timothy Geithner, who is stepping down from his post 2012 Event The United Kingdom's Treasury Committee of the House of Commons releases the first of two volumes reporting on the LIBOR fixing scandal 2011 Event At a meeting in Nanjing, China, U.S. Treasury Secretary Timothy Geithner says the main problem in the world's monetary system is countries that inhibit the free flow of the value of their currency 2010 Event A court settlement determines Verizon must pay $25 million to the U.S. Treasury for overcharging 15 million cell phone customers 2010 Event U.S. Treasury Secretary Tim Geithner declares his interest in allowing the set of tax cuts in the Jobs and Growth Tax Relief Reconciliation Act of 2003 to expire at the end of 2010 1995 Event Infinity Radio agrees to voluntarily pay $1.7 million to U.S. Treasury 1986 Event Treasury Department announces plans to alter paper money 1973 Death Walter Greaza, actor (Leonard-Martin Kane, Treasury Men), dies at 76 1966 Event U.S. Treasury announces it will buy mutilated silver coins at silver bullion price at Philadelphia and Denver mints 1961 Birthday Timothy Geithner, born in Brooklyn, New York, United States Secretary of the Treasury, under President Barack Obama, served as President, Federal Reserve Bank of New York, charged with directing financial crisis of December 2007 1954 Event Largest check: Internal U.S. Treasury check at $4,176,969,623.57 1949 Birthday David Mellor, secretary of the British treasury and MP 1948 Birthday Anthony Nelson, British Secretary of Treasury 1934 Birthday Peter Middleton, British permanent secretary, Treasury 1930 Birthday James Baker III, Houston, Secretary of Treasury, 1985 - 1988, Secretary of State, 1989 - 1992 1930 Birthday Nicholas F. Brady, U.S. Secretary of Treasury, 1988 - 1993 1927 Birthday William Simon, U.S. sect of Treasury 1918 Birthday Donald Regan, White House staffer and U.S. Secretary of Treasury, 1981 - 1985 1909 Birthday C. Dillon Douglas, born in Geneva, Switzerland, U.S. Secretary of Treasury, 1961 - 1965 1908 Birthday John Volpe, Gov-Mass, U.S. Secretary of Treasury, 1969 - 1973 1897 Death Francis Turner Palgrave, poet/editor (Golden Treasury), dies at 73 1891 Birthday Henry Morgenthau, Jr., U.S. Secretary of Treasury, 1934 - 1945 1891 Event Office of Superintendent of Immigration (Treasury Department) created 1878 Event Blanche Kelso Bruce appointed register of treasury by President Garfield 1870 Event Mayor William Tweed accused of robbing New York treasury 1866 Event U.S. Treasury Department authorizes nickel 1865 Event Secret Service began operating under the Treasury Department 1855 Birthday Andrew W. Mellon, founder, Mellon Bank, U.S. Secretary of Treasury 1824 Birthday Francis Turner Palgrave, Eng, poet, Golden Treasury, Professor, Oxford 1815 Birthday Howell Cobb II, Major General/Secy of Treasury, Union 1808 Birthday Hugh McCulloch, U.S. Secretary of Treasury 1807 Birthday George Alfred Trenholm, Secretary Treasury, Confederacy 1806 Birthday William Pitt Fessenden, Secretary Treasury, Union 1804 Death Alexander Hamilton, Sect of Treasury, dies in pistol duel 1803 Birthday Christopher Gustavus Memminger, Secretary Treasury, Confederacy 1789 Event Office of Postmaster General is created under the Treasury Department 1789 Event Alexander Hamilton appointed 1st Secretary of Treasury 1789 Event U.S. Treasury Department established by Congress 1755 Birthday Alexander Hamilton, West Indies, 1st U.S. Secretary of Treasury, face is on the $10 bill 1721 Event Robert Walpole becomes England's 1st Lord of the Treasury