U.S. Department of State Fiscal Year 2019 Agency Financial Report

About the Department O ur V ision On behalf of the American people we promote and demonstrate democratic values and advance a free, peaceful, and prosperous world. O ur M ission The U.S. Department of State leads America’s foreign policy through diplomacy, advocacy, and assistance by advancing the interests of the American people, their safety and economic prosperity. O ur H istory The U.S. Department of State (the Department) is the lead U.S. foreign affairs agency within the Executive Branch and the lead institution for the conduct of American diplomacy. Established by Congress in 1789, the Department is the nation’s oldest and most senior cabinet agency. The Department is led by the Secretary of State, who is nominated by the President and confirmed by the U.S. Senate. The Secretary of State is the President’s principal foreign policy advisor and a member of the President’s Cabinet. The Secretary carries out the President’s foreign policies through the State Department and its employees. The Department of State and the United States Agency for International Development (USAID) work together to harmonize the administration and structure of assistance programs to ensure maximum impact and efficient use of taxpayer funds. Each agency is responsible for its own operations and produces a separate AFR. Michael R. Pompeo has visited more than 50 countries, traveling over 230,000 miles during his 17 months as Secretary of State. He travels to all corners of the world to do his job. His duties as Secretary include acting as the President’s representative at all international forums, negotiating treaties and other international agreements, and conducting everyday, face-to-face diplomacy. Did You Know? M ore information on the Secretary’s travel can b e found at: https://www.state.gov/secretary/ t ravel/index.htm M ore information on the duties of the Secretary can b e found at: https://www.state.gov/duties-of-the- s ecretary-of-state 2019 A gency F inancial R eport U nited S tates D epartment of S tate | 7 Management’s Discussion and Analysis SECTION I: