The treasury secretary who favored balancing the budget was Andrew Mellon. He served under Presidents Warren G. Harding, Calvin Coolidge, and Herbert Hoover in the 1920s. Mellon advocated for reducing government spending and lowering taxes to stimulate economic growth, emphasizing the importance of a balanced budget as a means of maintaining fiscal responsibility. His policies significantly influenced U.S. economic policy during the Roaring Twenties.
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