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A Progressive reformer, Roosevelt earned a reputation as a "trust buster" through his regulatory reforms and antitrust prosecutions. His presidency saw the passage of the Pure Food and Drug Act , which established the Food and Drug Administration to regulate food safety, and the Hepburn Act , which increased the regulatory power of the ...
Theodore Roosevelt Jr.[b] (October 27, 1858 – January 6, 1919), often referred to as Teddy or T. R., was an American politician, soldier, conservationist, historian, naturalist, explorer and writer who served as the 26th president of the United States from 1901 to 1909. He previously was involved in New York politics, including serving as the ...
On May 11, 1902, around 400 kosher butchers on the East Side of New York organized a boycott of the meat trusts to put pressure on them to lower the cost of meat. However, the trusts were too powerful and the butchers ended their boycott. In response to those unsuccessful attempts, the women of the Lower East Side Jewish community, led by Fanny ...
August 27, 2024 at 10:34 AM. Former National Security Adviser H.R. McMaster, who served under Donald Trump, said he would not join the former president's second administration if he is reelected ...
t. e. Louis Brandeis was nominated to serve as an associate justice of the Supreme Court of the United States by U.S. President Woodrow Wilson on January 28, 1916, after the death in office of Joseph Rucker Lamar created a vacancy on the Supreme Court. Per the Constitution of the United States, Brandeis' nomination was subject to the advice and ...
It is also known as antitrust law (or just antitrust [4]), anti-monopoly law, [1] and trade practices law; the act of pushing for antitrust measures or attacking monopolistic companies (known as trusts) is commonly known as trust busting. [5] The history of competition law reaches back to the Roman Empire.
The history of United States antitrust law is generally taken to begin with the Sherman Antitrust Act 1890, although some form of policy to regulate competition in the market economy has existed throughout the common law 's history. Although "trust" had a technical legal meaning, the word was commonly used to denote big business, especially a ...
The convention approved a strong "trust-busting" plank, but Roosevelt had it replaced with language that spoke only of "strong National regulation" and "permanent active [Federal] supervision" of major corporations. This retreat shocked reformers like Pinchot, who blamed it on Perkins (a director of U.S. Steel). The result was a deep split in ...