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The tradition began with President Ronald Reagan leaving a letter for his own Vice President George H.W. Bush in 1989, with Bush carrying on the convention four years later after losing the 1992 ...
President Joe Biden has adhered to the tradition started by Ronald Reagan and left his successor, Donald Trump, a letter as he hands over power.. Biden confirmed that he wrote Trump a letter, but ...
President McKinley received about 100 letters per day. That grew to about 800 per day under President Herbert Hoover, and ballooned to about 8,000 per day during President Roosevelt's New Deal. The staff expanded to meet the increased need and Smith was named the first "Chief of Mails" (now Director of Correspondence).
The Act to provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018, [2] Pub. L. 115–97 (text), is a congressional revenue act of the United States originally introduced in Congress as the Tax Cuts and Jobs Act (TCJA), [3] [4] that amended the Internal Revenue Code of 1986.
In leaving the letter for Trump, Biden kept with the now 36-year tradition of the departing commander in chief, writing a note to the incoming president. As he left the White House in 1989 after ...
However, the tradition of the prime-time Oval Office address has continued into the Trump and Biden presidencies. The address of January 8, 2019, during the government shutdown was the first time that Trump requested airtime. [25] The address of June 2, 2023, during the debt-ceiling crisis was the first time that Biden requested airtime. [26]
Trump left Biden a letter when his first term ended in 2020, despite skipping the inauguration. Biden never revealed the contents of the letter, but just said it was "very generous."
The Reconstruction Finance Corporation (RFC) began its operations on February2, 1932. [4] Like the Federal Reserve, the RFC would loan to banks, but it was designed to serve state-chartered banks and small banks in rural areas that were not part of the Federal Reserve System.