Early Days of the Biden Presidency: The Quiz

A new presidential administration and a new political social gathering keeping a voting the greater part in the U.S. Senate heighten the uncertainty for U.S. executives. Though it’s not likely Congress will pass any new taxes all through the pandemic, the situation deserves looking at. How intently have you been subsequent the early days of the Biden administration?

one. Janet Yellen is the initially particular person to be chair of the Federal Reserve, Treasury Secretary, and which other write-up?

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

2. When does the four-calendar year time period of Federal Reserve Chair Jerome Powell conclude?

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

three. Which of the subsequent White Household positions does NOT call for Senate affirmation?

A. Chief of the Smaller Company Administration
B. Countrywide Stability Adviser
C. Surgeon Basic
D. Director of the Countrywide Financial Council

4. Which one particular of these is NOT one particular of President Joe Biden’s said financial targets?

A. Raise the top corporate income tax rate
B. Tax funds gains and dividends at standard fees for substantial earners
C. Tax revenue earned from foreign subsidiaries at 39%
D. Impose a 15% minimum tax on ebook income

five. Which one particular of these proposals is in Biden’s unexpected emergency financial plan?

A. A 3rd iteration of the Paycheck Protection Application, for midsize organizations
B. A $200 for each thirty day period Social Stability maximize
C. Two months compensated depart for all heath care workers
D. Short term income tax relief for all low-income workers

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

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

7. The Biden Cupboard nominations included 3 former governors and two mayors. Who is not one particular of people 5 nominees?

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

8. Which of the higher than nominees co-started a enterprise funds agency?

Responses: one-C 2-C three-B 4-C five-B 6-A 7-D 8-B

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