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  2. Economic policy of the Bill Clinton administration - Wikipedia

    en.wikipedia.org/wiki/Economic_policy_of_the...

    The next year, Congress approved Clinton's proposal to make college more affordable by expanding federal student financial aid through Pell Grants, and lowering interest rates on student loans. Clinton also battled Congress nearly every session on the federal budget, in an attempt to secure spending on education, government entitlements, the ...

  3. U.S. economic performance by presidential party - Wikipedia

    en.wikipedia.org/wiki/U.S._economic_performance...

    Furthermore, fiscal and monetary policy did not seem to be possible causes. Changes in tax policy had little impact; for example, Clinton raised taxes while Reagan cut them but both had strong growth. Interest rates had typically risen under Democrats and fallen under Republicans, which theoretically should have favored Republicans.

  4. History of monetary policy in the United States - Wikipedia

    en.wikipedia.org/wiki/History_of_monetary_policy...

    The maintenance of a gold standard required almost monthly adjustments of interest rates. During the 1870–1920 period, the industrialized nations set up central banking systems, with one of the last being the Federal Reserve in 1913. [3] By this point the role of the central bank as the "lender of last resort" was understood.

  5. How the stock market performed under each president - AOL

    www.aol.com/finance/stock-market-performed-under...

    Mortgage Interest Rate Forecast ... The GDP rose an average of 5.3% a year during LBJ's term, the highest of any president since World War II. ... The Dow's low point during Clinton's presidency ...

  6. 1990s United States boom - Wikipedia

    en.wikipedia.org/wiki/1990s_United_States_boom

    The 1990s economic boom in the United States was a major economic expansion that lasted between 1993 and 2001, coinciding with the economic policies of the Clinton administration. It began following the early 1990s recession during the presidency of George H.W. Bush and ended following the infamous dot-com crash in 2000.

  7. Omnibus Budget Reconciliation Act of 1993 - Wikipedia

    en.wikipedia.org/wiki/Omnibus_Budget...

    Differences in the two estimates stem primarily from the OMB's inclusion of savings that were indirect estimates from the budget, such as a 5-year $107.7 billion freezing of discretionary appropriations, $59.6 billion from lower interest on the debt in the future from reduced debt issuances, and $16.4 billion from the Treasury refinancing the ...

  8. Why Economists Are Worried About Trump’s Push to Politicize ...

    www.aol.com/why-economists-worried-trump-push...

    Though Trump named Powell to take over as chairman of the Federal Reserve in 2017, the former President repeatedly criticized Powell and pressured him to lower interest rates during his presidency.

  9. Will the Fed Cut Interest Rates Next Week? Here's What Wall ...

    www.aol.com/fed-cut-interest-rates-next...

    The Fed hiked the federal funds rate (overnight interest rates) to a two-decade high of 5.33% between Mar. 2022 and Aug. 2023, in order to tame an inflation surge that resulted from pandemic ...