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The Tariff Act of 1930 (codified at 19 U.S.C. ch. 4), commonly known as the Smoot–Hawley Tariff or Hawley–Smoot Tariff, [1] was a law that implemented protectionist trade policies in the United States. Sponsored by Senator Reed Smoot and Representative Willis C. Hawley, it was signed by President Herbert Hoover on June 17, 1930.
The First New Deal (1933–1934) dealt with the pressing banking crisis through the Emergency Banking Act and the 1933 Banking Act.The Federal Emergency Relief Administration (FERA) provided US$500 million (equivalent to $12.1 billion in 2024) for relief operations by states and cities, and the short-lived CWA gave locals money to operate make-work projects from 1933 to 1934. [2]
Each Congress has two to four sessions. Under the numbering system used from 1789 until 1957, the Acts in each session are numbered sequentially as Chapters. This numbering included both laws applicable to the general public and laws relating to specific individuals, e.g., to grant pensions to disabled veterans. [1]
For the 1991 and 1992 tax years, the top marginal rate was increased to 31% in a budget deal President George H. W. Bush made with the Congress. [ 48 ] In 1993 the Clinton administration proposed and the Congress accepted (with no Republican support) an increase in the top marginal rate to 39.6% for the 1993 tax year, where it remained through ...
The Comstock Law was a federal act passed by the United States Congress on March 3 as the Act for the "Suppression of Trade in, and Circulation of, Obscene Literature and Articles of Immoral Use". The Act criminalized usage of the U.S. Postal Service to send any of the following items: [ 28 ]
March 4, 1929: Herbert C. Hoover became President of the United States October 24, 1929 – October 29, 1929: Wall Street Crash of 1929: Three multi-digit percentage drops wipe out more than $30 billion from the New York Stock Exchange (3 times greater than the annual budget of the federal government).
The Second New Deal is a term used by historians [1] to characterize the second stage, 1935–36, of the New Deal programs of President Franklin D. Roosevelt.The most famous laws included the Emergency Relief Appropriation Act, the Banking Act, the Wagner National Labor Relations Act, the Public Utility Holding Company Act, the Social Security Act, and the Wealth Tax Act.
The 1930 United States House of Representatives elections were elections for the United States House of Representatives to elect members to serve in the 72nd United States Congress. They were held for the most part on November 4, 1930, while Maine held theirs on September 8. They occurred in the middle of President Herbert Hoover's term.