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Some American stock exchanges stayed closed for the rest of the week following the attack and posted enormous losses on reopening, especially in the airline and insurance industries. The destruction of billions of dollars' worth of office space caused serious damage to the economy of Lower Manhattan. Economic effects of the September 11 attacks
The USA PATRIOT Act was reauthorized by three bills. The first, the USA PATRIOT and Terrorism Prevention Reauthorization Act of 2005, was passed by Congress in July 2005. This bill reauthorized some, but not all, provisions of the original USA PATRIOT Act, as well as the newer Intelligence Reform and Terrorism Prevention Act of 2004.
U.S. President Bush speaks with New York governor George Pataki and New York City mayor Rudy Giuliani two days following the September 11 attacks, on September 13, 2001. After the September 11, 2001 attacks, the United States government responded by commencing immediate rescue operations at the World Trade Center site, grounding civilian aircraft, and beginning a long-term response that ...
Another act was passed known as the USA Patriot Act, which broadened the powers of law enforcement to identify terrorist activity. For example, law enforcement was allowed able to break one's premises without a search warrant and their consent, if they were suspected of terrorist activity.
The USA Act (Uniting and Strengthening America Act of 2001) is an expansion of the Foreign Intelligence Surveillance Act (FISA) of 1978. The primary difference between the USA Act and FISA is the definition of terrorism. In FISA, terrorism is limited to acts that are "backed by a foreign power."
Section 101 established a separate and unlimited fund, entitled the "Counterterrorism Fund," within the Department of the Treasury.This fund is to be used to reimburse the Department of Justice for costs required to rebuild an office or facility damaged by terrorism, support counterterrorism efforts (including the paying of rewards), and to pay for terrorism threat assessments.
The first version of the Patriot Act was introduced into the House on October 2, 2001, as the Provide Appropriate Tools Required to Intercept and Obstruct Terrorism (PATRIOT) Act of 2001, and was later passed by the House as the Uniting and Strengthening America (USA) Act (H.R. 2975) on October 12. [17]
The impact of 9/11 extended well beyond geopolitics, spilling into society and culture in general. Many Americans began to identify a "pre-9/11" world and a "post-9/11" world as a way of viewing modern history. This created the feeling that the attacks put an end the peacetime prosperity that dominated American life up to that point.