In celebration of Presidents’ Day, we at Wentworth Financial Communications put together five fun trivia questions to test your presidential knowledge of landmark financial legislation that was signed into law at 1600 Pennsylvania Avenue. Feel free to participate and share with your clients.
Happy Presidents’ Day!
Sincerely,
Scott Wentworth
Founder and Head Writer
Wentworth Financial Communications
The United States’ first nationwide income tax was signed into law by which president?
- William Howard Taft
- Warren G. Harding
- Woodrow Wilson
- Calvin Coolidge
The first National Bank Act, which first established the U.S. national banking system, was signed into law by which president?
- Andrew Johnson
- Abraham Lincoln
- James Buchanan
- Franklin Pierce
The Glass-Steagall Act, which first established the FDIC and separated commercial and investment banking, was first signed into law in which year by which president?
- 1947; Harry S. Truman
- 1932; Herbert Hoover
- 1952; Dwight D. Eisenhower
- 1933; Franklin D. Roosevelt
The Financial Services Modernization Act, which repealed the section of Glass-Steagall separating commercial and investment banking, was signed into law by which president?
- Bill Clinton
- Barack Obama
- George W. Bush
- Ronald Reagan
Which president signed into law the current federal estate tax?
- William Howard Taft
- Warren G. Harding
- Woodrow Wilson
- Calvin Coolidge
Click here to view the answers.
About the Author
Scott Wentworth is the founder and head financial writer at Wentworth Financial Communications. Scott and the team of writers and editors at WFC help professionals across the financial services industry build their brands by creating investment-grade white papers, bylined articles, newsletters, blogs, social media posts, and other forms of content marketing. Because he’s from Central Illinois and he’s a tall, lanky guy himself, there’s no question who Scott’s favorite president is.