On February 21, 1861, the same day that the Confederate Treasury Department was established (Prov. Cong. C.S.A. Stat. 30), President Davis appointed Christopher Gustavus Memminger, a lawyer of Charleston, S.C., as first Secretary of the Treasury. Memminger resigned on June 15, 1864, and George A. Trenholm, a cotton broker and financier from Charleston, was appointed as his successor. Trenholm resigned on April 27, 1865. John H. Reagan, the Postmaster General, was appointed as Acting Secretary of the Treasury for a few remaining days of the Confederate Government.