[Federal Register Volume 78, Number 101 (Friday, May 24, 2013)]
[Notices]
[Pages 31629-31630]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-12056]


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DEPARTMENT OF THE TREASURY

Fiscal Service


Treasury Order Establishing the Bureau of the Fiscal Service

AGENCY: Bureau of the Fiscal Service, Fiscal Service, Department of the 
Treasury.

ACTION: Notice.

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SUMMARY: The Department of the Treasury is publishing Treasury Order 
136-01 that formally establishes within the Department the Bureau of 
the Fiscal Service, consolidating the Financial Management Service 
(``FMS'') and the Bureau of the Public Debt (``BPD'').

DATES: Treasury Order 136-01 was effective October 7, 2012.

FOR FURTHER INFORMATION CONTACT: Marc Seldin, Senior Counsel, 202-874-
6863 or [email protected]; or David Copenhaver, Senior 
Attorney, at 304-480-6665 or [email protected].

SUPPLEMENTARY INFORMATION: On October 7, 2012, the Secretary of the 
Treasury issued Treasury Order 136-01. The Order consolidated and 
redesignated the bureaus formerly known as the Bureau of the Public 
Debt and the Financial Management Service as the Bureau of the Fiscal 
Service. The Order delegates to the Commissioner, Bureau of the Fiscal 
Service, the authority that was previously delegated to the 
Commissioner of the Public Debt and the Commissioner, Financial 
Management Service. The Order also provides for the continuation of all

[[Page 31630]]

administrative actions completed by the Bureau of the Public Debt and 
the Financial Management Service on or before October 7, 2012. Treasury 
Order 136-01 ensures that the Commissioner, Bureau of the Fiscal 
Service, may exercise the functions and carry out the duties of the 
Secretary with respect to applicable Treasury authorities.
    The text of the Order reads as follows.

    Dated: May 14, 2013.
Richard L. Gregg,
Fiscal Assistant Secretary.

Treasury Order 136-01

Date: October 7, 2012
Subject: Bureau of the Fiscal Service
    1. Establishment. By virtue of the authority vested in the 
Secretary of the Treasury (``Secretary'') under 31 U.S.C. section 
321(b), the Bureau of the Fiscal Service is established within the 
Department.
    2. Designation of the Bureau of the Fiscal Service. The Bureaus 
formerly known as the Bureau of the Public Debt (``BPD'') and the 
Financial Management Service (``FMS'') (previously known as the Bureau 
of Government Financial Operations) shall be consolidated and 
redesignated as the Bureau of the Fiscal Service (``BFS''). The head of 
the BFS is the Commissioner, who is appointed by the Secretary, and who 
shall perform duties as assigned by the Secretary or his designee. The 
Commissioner, BFS, shall report to the Fiscal Assistant Secretary.
    3. Authorities, Functions and Duties of the Commissioner, BFS. The 
Commissioner, BFS, shall have all authorities, functions, and duties 
delegated to the Commissioner of the Public Debt, and the Commissioner, 
FMS, in effect on October 7, 2012, and any other authorities, 
functions, and duties assigned by the Secretary or his designee. The 
Commissioner, BFS, shall possess the full authority to administer the 
affairs of and to perform the functions and duties of BFS, including, 
without limitation, all management and administrative authorities and 
duties similarly granted and assigned to Bureau Heads or Heads of 
Bureaus in Treasury Orders and Treasury Directives.
    4. Administrative Actions and Regulations.
    a. All administrative actions of BPD and FMS, including but not 
limited to orders, determinations, rules, regulations, personnel 
actions, agreements, contracts, certificates, adopted or executed in 
connection with the administration and implementation of the 
authorities, functions, and duties specified in paragraph 3 that are in 
effect on October 7, 2012 shall continue in effect in accordance with 
their terms.
    b. The terms ``Commissioner of the Public Debt, Commissioner, 
FMS,'' and similar references wherever used in completed administrative 
actions issued, adopted or executed in connection with the 
administration and implementation of the authorities, functions, and 
duties specified in paragraph 3 on or before October 7, 2012 shall mean 
the Commissioner, BFS. All references to officers or employees of BPD 
or FMS in completed administrative actions issued, adopted or executed 
in connection with the administration and implementation of the 
authorities, functions, and duties specified in paragraph 3 on or 
before October 7, 2012 shall apply to officers or employees of BFS.
    c. Regulations for the purposes of carrying out the authorities, 
functions, and duties delegated to the Commissioner, BFS, may be issued 
by that Commissioner with the approval of the Secretary or his 
designee.
    5. Redelegation. The Commissioner, BFS, may delegate any of the 
authority vested under this Order, unless otherwise specified by the 
Secretary or his designee. All delegations of authority in existence on 
October 7, 2012 related to the administration and implementation of the 
authorities, functions, and duties specified in paragraph 3 to 
positions established within BFS shall remain in effect in accordance 
with their terms.
    6. Ratification. Any action heretofore taken that is consistent 
with this Order is hereby affirmed and ratified.
    7. Authority of Inspectors General. The provisions of this Order 
shall not be construed to interfere with or impede the authorities or 
independence of the Department's inspectors general.
    8. Cancellation. Treasury Order 145-06, ``Designation as Financial 
Management Service,'' dated October 10, 1984, is superseded.
    9. Office of Primary Interest. Bureau of the Fiscal Service

Timothy Geithner,
Secretary of the Treasury.

[FR Doc. 2013-12056 Filed 5-23-13; 8:45 am]
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