Early Days of the Biden Presidency: The Quiz

Truman Slate

A new presidential administration and a new political party holding a voting majority in the U.S. Senate heighten the uncertainty for U.S. executives. While it is not likely Congress will move any new taxes during the pandemic, the situation warrants looking at. How closely have you been following the early times of the Biden administration?

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

A. Secretary of the Commerce Section
B. President of the Globe Lender
C. Chair of the White Dwelling Council of Financial Advisers
D. President of the New York Federal Reserve Lender

two. When does the 4-year term of Federal Reserve Chair Jerome Powell stop?

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

three. Which of the following White Dwelling careers does NOT have to have Senate confirmation?

A. Main of the Small Small business Administration
B. Countrywide Safety Adviser
C. Surgeon Typical
D. Director of the Countrywide Financial Council

four. Which 1 of these is NOT 1 of President Joe Biden’s said economic targets?

A. Increase the top company revenue tax level
B. Tax cash gains and dividends at normal charges for superior earners
C. Tax earnings acquired from foreign subsidiaries at 39%
D. Impose a fifteen% minimum amount tax on guide revenue

5. Which 1 of these proposals is in Biden’s emergency economic prepare?

A. A third iteration of the Paycheck Safety Software, for midsize companies
B. A $200 for every thirty day period Social Safety enhance
C. Two weeks paid out leave for all heath treatment employees
D. Short-term revenue tax relief for all minimal-revenue employees

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

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

7. The Biden Cupboard nominations integrated 3 previous governors and two mayors. Who is not 1 of those people five nominees?

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

8. Which of the earlier mentioned nominees co-launched a enterprise cash organization?

Solutions: 1-C two-C three-B four-C 5-B six-A 7-D 8-B

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

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