Alcohol and tobacco tax and trade bureau ttb bureau of engraving printing bep financial crimes enforcement network fincen bureau of the fiscal service fs internal revenue service irs office of the comptroller of the currency occ u s. The first legislative recognition of bep was in the appropriations act of june 20 1874.
Organizational Structure Office Of Inspector General
The bureau of engraving and printing bep has no organic act but the law of july 11 1862 allowing some of the authorized notes to be engraved and printed at the treasury is the start of the bureau.
Bureau of engraving and printing organizational chart. Bep has a headquarters and stamp and currency production facility located in washington d c and also has a currency production facility in fort worth tx. The bureau of engraving and printing s mission is to develop and produce united states currency notes trusted worldwide. The bep prints billions of federal reserve notes for delivery to the federal reserve system each year.
Office of inspector general oig treasury inspector general for tax administration tigta. The chief counsel of the bureau of engraving and printing bep is responsible for providing legal advice and assistance to the bureau s director and other bureau officials. He earned a bachelor s degree in economics from villanova university in pennsylvania.
Bep s vision is to be the world standard securities printer providing its customers and the public with superior products through excellence in manufacturing and innovation. Director bureau of engraving and printing 1988 1995. Peter daly was born in perth amboy new jersey.
The bep also produces miscellaneous security documents for other government agencies. The paper notes were essentially government ious and were called demand notes because they were payable on demand in coin at. As its primary function the bep prints billions of dollars referred to as federal reserve.
The bureau of engraving and printing bep is the largest producer of security documents in the united states. Alcohol and tobacco tax and trade ttb bureau of engraving and printing bep bureau of the fiscal service bfs financial crimes enforcement network fincen internal revenue service irs office of the comptroller of the currency occ u s. The bureau of engraving and printing has its origins in legislation enacted to help fund the civil war in july 1861 congress authorized the secretary of the treasury to issue paper currency in lieu of coins due to the lack of funds needed to support the conflict.
Daly began as a management intern in the treasury department in 1965 and worked in the office of policy planning as well as in the savings bond division.
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