Departments of the Treasury and Commerce
The Secretary of the Treasury is the President's lead policy advisor on a broad range of economic issues that affect U.S. national security. The Department of the Treasury promotes economic growth and stability, and ensures the security of the U.S. and international financial systems. The Department of the Treasury formulates and executes U.S. international economic and financial policy, including policies for international financial, economic, monetary, trade, investment, bilateral aid, environment, debt, development, and energy programs, including U.S. participation in international financial institutions. The Treasury Department also implements economic sanctions against foreign threats. Statutory authority for the Department of the Treasury is found in Title 31 of U.S. Code.
The Secretary of Commerce is responsible for promoting foreign and domestic commerce, enforcing international trade agreements, regulating the export of sensitive goods and technologies, and protecting intellectual property. Statutory authority for the Department of Commerce is found in Title 15 of U.S. Code.