Step 1 : Introduction to the question "For what purpose was the U.S. Secret Service initially founded?"
...When did the Secret Service begin to protect the president? After the assassination of President William McKinley in 1901, Congress informally requested that the Secret Service provide presidential protection. A year later, the Secret Service assumed full-time responsibility for presidential protection. United States Secret Service -
Why the Secret Service was created? On the advice of Secretary of the Treasury Hugh McCulloch, President Lincoln established a commission to stop this rapidly growing problem that was destroying the nation's economy, and on April 14, 1865, he created the United States Secret Service to carry out the commission's recommendations.
Step 2 : Answer to the question "For what purpose was the U.S. Secret Service initially founded?"
To prevent and stop printing of counterfeit money:
At the end of the U.S. Civil War in 1865, there was widespread counterfeiting of the U.S. currency. The Secret Service’s job was to combat this threat to the nation's economy. This makes the Secret Service one of the oldest U.S. federal law enforcement agencies. It now ranks among the world's most elite forces. In 1901 the agency began providing protective services to the President and First Family after the assassination of President William McKinley. Source: SecretService.org
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