Originally Posted by Robbie

The Treasury was set up to manage govt. revenue.

I think you're thinking of the Federal Reserve which was created in 1913 and is the central banking system of the U.S.
They are the ones who are supposed to keep banks from failing, etc.

And they pretty much set the interest rates.

They were supposed to be what would stop any more financial crisis's from happening. And then a couple of decades later....The Great Depression. lol

And of course every cycle of recession/boom times since.

A lot of people think that it's an "evil" organization. I think it's just like most things that govt. gets too deep in: ineffectual.