Early Days of the Biden Presidency: The Quiz

A new presidential administration and a new political get together holding a voting greater part

A new presidential administration and a new political get together holding a voting greater part in the U.S. Senate heighten the uncertainty for U.S. executives. Although it is unlikely Congress will pass any new taxes in the course of the pandemic, the scenario warrants viewing. How carefully have you been adhering to the early days of the Biden administration?

1. Janet Yellen is the very first individual to be chair of the Federal Reserve, Treasury Secretary, and which other submit?

A. Secretary of the Commerce Section
B. President of the Planet Financial institution
C. Chair of the White Household Council of Economic Advisers
D. President of the New York Federal Reserve Financial institution

2. When does the 4-year phrase of Federal Reserve Chair Jerome Powell close?

A. December 2021
B. September 2021
C. February 2022
D. June 2022

3. Which of the adhering to White Household careers does NOT demand Senate confirmation?

A. Chief of the Little Company Administration
B. Countrywide Security Adviser
C. Surgeon Normal
D. Director of the Countrywide Economic Council

four. Which a person of these is NOT a person of President Joe Biden’s mentioned economic aims?

A. Increase the major company profits tax fee
B. Tax money gains and dividends at everyday fees for superior earners
C. Tax income earned from foreign subsidiaries at 39%
D. Impose a fifteen% minimum amount tax on reserve profits

five. Which a person of these proposals is in Biden’s unexpected emergency economic strategy?

A. A 3rd iteration of the Paycheck Defense Program, for midsize businesses
B. A $200 per thirty day period Social Security improve
C. Two months paid out depart for all heath care personnel
D. Momentary profits tax aid for all reduced-profits personnel

six. Whom did President Biden nominate as U.S. Trade Representative?

A. Katherine Tai
B. Ngozi Okonjo-Iweala
C. Amy Celico
D. Michael Kantor

seven. The Biden Cupboard nominations incorporated a few previous governors and two mayors. Who is not a person of those 5 nominees?

A. Marty Walsh
B. Gina Raimondo
C. Jennifer Granholm
D. Gretchen Whitmer

eight. Which of the earlier mentioned nominees co-established a venture money business?

Answers: 1-C 2-C 3-B four-C five-B six-A seven-D eight-B

Biden administration, Congress, Federal Reserve, Situation 2021-03 CFO, Jerome Powell, Joe Biden, taxes