Date: September 6, 1996
Administrative Edit: August 2, 2017
SUBJECT: Delegation to the Director, Bureau of Engraving and Printing, for the Production of Currency Notes to Meet the Demands of the Federal Reserve Banks
1.DELEGATION .By virtue of the authority vested in the Secretary of the Treasury, including the authority vested by 31 U.S.C. § 321(b)(2) and 12 U.S.C. §§ 418-420, I hereby delegate to the Director, Bureau of Engraving and Printing, ("the Director"):
a.       the authority and responsibility vested in the Secretary of the Treasury under 12 U.S.C. §§ 418 through 420, related to the production of Federal Reserve notes, including the engraving of plates and dies, the printing of Federal Reserve notes in such quantities as may be required to supply the Federal Reserve Banks, and the delivery of said notes to the Federal Reserve Banks. Such notes are to be retained in the custody of the Bureau of Engraving and Printing ("the Bureau") while awaiting currency shipment orders from the Board of Governors of the Federal Reserve System; and
b.      the Director shall perform the function of verifying the inventory of unissued stocks of Federal Reserve notes each fiscal year and shall furnish certified copies of the results to the Board of Governors of the Federal Reserve System, the Commissioner of the Financial Management Service, and the Secretary
2. REDELEGATION. The Director may redelegate the authority and responsibility delegated herein in writing to an Associate Director of the Bureau.
3. RESPONSIBILITIES. Each fiscal year, the Director shall provide the Secretary with a copy of the currency order from the Federal Reserve System within fifteen days of receipt.
4. CANCELLATION. Treasury Order 101-07, "Control and Custody of Unissued Federal Reserve Notes," dated July 30, 1980.

                                                            Robert E. Rubin
                                                            Secretary of the Treasury
Last Updated: 8/3/2017 11:05 AM