Pioneering experiments and recent observations have established the thyroid
hormone receptor as a master manipulator of the chromosomal environment in
targeting the activation and repression of transcription. Here we review h
ow the thyroid hormone receptor is assembled into chromatin, where in the a
bsence of thyroid hormone the receptor recruits histone deacetylase to sile
nce transcription. On addition of hormone, the receptor undergoes a conform
ational change that leads to the release of deacetylase, while facilitating
the recruitment of transcriptional coactivators that act as histone acetyl
transferases. We discuss the biological importance of these observations fo
r gene control by the thyroid hormone receptor and Ibr oncogenic transforma
tion by the mutated thyroid hormone receptor v-ErbA.