The United States Department of the Treasury was formed 231 years ago in 1789. Their purpose is to maintain a strong economy and to advise the president on financial matters that could boost the economy in the United States and places abroad. They monitor the creation and movement of United States coins and bills through U.S. Mint and the Bureau of Engraving and Printing. Compared to most U.S departments, the leadership in the Department of the Treasury is one of the least diverse of all departments.
There were forty members listed through the multiple leadership boards for the Department of the Treasury. Out of those forty leaders only twelve were female. 60% of their leadership is male.
When viewing the racial makeup of leadership in this department we see that, thirty-four of the forty members were White, two Hispanic, two Black or African American, and one was Asian. There were no Native American or Pacific Islanders represented.
Race composition when all other American Ethnic groups are combined there are only five. When combined the group only makes up 12.5% of the entire leadership board.
When we focus on racial makeup by gender we see that there are only White females represented. Men comprise the Asian, Black or African American and Hispanic racial groups. A little more than half of White leadership are female.
The United States Department of the Treasury has one of the least diverse leadership departments in the United States Government. With the amount of influence and importance of the departments guidance, there is a critical need for diverse representatives who make it up.
U.S. Department of the Treasury. 2021. “Role of the Treasury”. (https://home.treasury.gov/about/general-information/role-of-the-treasury)
