The Federal Budget Process and the Role Played by Congress

The Federal Budget Process is a 9-step plan outlined by the 1974 Budget Control Act, establishing the role and authority of Congress in appropriating government funds, which the latter will present as a centralized and consolidated budget plan for the federal government at the start of every fiscal year. Take note that a fiscal year […]

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  • SC Upholds Authority of FHFA to Collect Profits on Bailout Money
    On June 23, the U.S. Supreme Court issued a ruling on the lawsuit filed by Fannie Mae and Freddie Mac investors versus the Federal Housing Finance Agency (FHFA). Supreme Court Justice Samuel Alito ruled that even if FHFA’s structure is flawed to the point of being unconstitutional, he and all other SC Justices unanimously agreed […]
  • The Effects of Political Changes on Stock Prices
      A nation’s government shapes the company environment in which firms operate. Government policies such as modifications to regulations, taxes, rates of interest, and spending programs so have a massive impact on individual businesses’ operations along with their stock price. This lesson will explain to you the way federal policies influence the purchase cost of […]