Supporting the U.S. Treasury as Fiscal Agent

The U.S. Department of the Treasury has designated the St. Louis Fed to deliver specific financial services to the federal government. Serving in this fiscal agent capacity, our team provides critical infrastructure and applications to support financial integrity and operational efficiency in the federal government.

From left to right: Ebony Perkins, Amelia Klapp, Amina Talic, Jake Gossage and Cassidy Dayton of the St. Louis Fed’s Treasury Support team provide operational and analytical support for several U.S. Treasury business functions.

The St. Louis Fed supports Treasury business functions including cash monitoring, collateral management, payments management, government-wide accounting, and more. We help track where federal money comes from, where it goes and how it’s spent.

• Using the system of record for Treasury, the Central Accounting Reporting System, our team processed nearly 15 million transactions for the U.S. government—totaling trillions of dollars in financial activity—in fiscal year 2025.
• Bank staff also worked alongside government agencies to enhance systems and processes that help identify and prevent improper payments.
• Our team supported Treasury’s Office of Fiscal Projections and Office of Debt Management to forecast and manage the nation’s cash flows and debt balances, which are vital to Treasury’s corresponding financial policy decisions.

The St. Louis Fed is also home to the Treasury Relations and Support Office (TRSO), which manages the Federal Reserve System’s overall relationship with Treasury. TRSO ensures the Federal Reserve System and Treasury are strategically aligned, partners with Reserve banks to carry out business commitments to Treasury, seeks out opportunities for business optimization, and coordinates information technology strategies.