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Carter Glass
Carter Glass (January 4, 1858 – May 28, 1946) was an American newspaper publisher and Democratic politician from Lynchburg, Virginia. He represented Virginia in both houses of Congress and served as the United States Secretary of the Treasury under President Woodrow Wilson. He played a major role in the establishment of the U.S. financial regulatory system, helping to establish the Federal Reserve System and the Federal Deposit Insurance Corporation. After working as a newspaper editor and publisher, Glass won election to the Senate of Virginia in 1899. He was a delegate to the Virginia Constitutional Convention of 1902, where he was an influential advocate for segregationist policies. Historian J. Douglas Smith described him as “the architect of disenfranchisement in the Old Dominion.” He also promoted progressive fiscal and regulatory reform but these contributions were often superficial since Glass generally opposed the most reformist aspects of federal legislation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
President Pro Tempore Of The United States Senate
The president pro tempore of the United States Senate (often shortened to president pro tem) is the second-highest-ranking official of the United States Senate, after the Vice President of the United States, vice president. According to Article One of the United States Constitution, Article One, Section Three of the United States Constitution, the vice president of the United States is the Presiding Officer of the United States Senate, president of the Senate (despite not being a senator), and the Senate must choose a president ''pro tempore'' to act in the vice president's absence. The president pro tempore is elected by the Senate as a whole, usually by a resolution which is adopted by unanimous consent without a formal vote. The Constitution does not specify who can serve in this position, but the Senate has always elected one of its current members. Unlike the vice president, the president pro tempore cannot cast a tie-breaking vote when the Senate is equally divided. The p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Virginia's 20th Senate District
Virginia's 20th Senate district is one of 40 districts in the Senate of Virginia. It has been represented by Republican Bill Stanley since 2012; prior to 2011 redistricting, Stanley represented the 19th district. Geography District 20 is based in Virginia's western Southside, incorporating all of Henry County, Patrick County, Martinsville, and Galax, as well as parts of Carroll County, Franklin County, Halifax County, Pittsylvania County, and the City of Danville. The district overlaps with Virginia's 5th and 9th congressional districts, and with the 5th, 6th, 9th, 14th, 16th, and 60th districts of the Virginia House of Delegates. It borders the state of North Carolina. Recent election results 2019 2015 2011 2011 redistricting placed Bill Stanley, the Republican incumbent from the 19th district, in the same district as Democrat Roscoe Reynolds, the incumbent from the 20th district, resulting in an incumbent-vs-incumbent general election. Fede ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Progressivism In The United States
Progressivism in the United States is a political philosophy and reform movement in the United States advocating for policies that are generally considered left-wing, left-wing populist, libertarian socialist, social democratic, and environmentalist. In mainstream American politics, progressives generally advocate for a universal healthcare system, wage equity and labor rights, economic justice, social justice, opposition to the military-industrial complex, corporate regulation, the abolition of capital punishment, and action on climate change. It reached its height early in the 20th century. Middle class and reformist in nature, it arose as a response to the vast changes brought by modernization such as the growth of large corporations, pollution and corruption in American politics. Historian Alonzo Hamby describes American progressivism as a "political movement that addresses ideas, impulses, and issues stemming from modernization of American society. Emerging at the end of t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Racial Segregation In The United States
In the United States, racial segregation is the systematic separation of facilities and services such as Housing in the United States, housing, Healthcare in the United States, healthcare, Education in the United States, education, Employment in the United States, employment, and transportation in the United States, transportation on Race in the United States, racial grounds. The term is mainly used in reference to the legally or socially enforced separation of African Americans from White people, whites, but it is also used in reference to the separation of other ethnic minorities from majority and mainstream communities. While mainly referring to the physical separation and provision of separate facilities, it can also refer to other manifestations such as prohibitions against interracial marriage (enforced with anti-miscegenation laws), and the separation of roles within an institution. Notably, in the Military of the United States, United States Armed Forces up until Executive ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Virginia Constitutional Convention Of 1902
The Virginia Constitutional Convention of 1902 was an assembly of delegates elected by the voters to write the fundamental law of Virginia. The 1902 Constitution severely restricting suffrage among blacks and whites was proclaimed without submitting it to the people. Background and composition In May 1900, the increasing public dismay over the electoral fraud and corruption of the Democratic machine under U.S. Senator Thomas S. Martin led to a narrow victory over the entrenched "court house crowd" in a referendum to call a constitutional convention. Reformers seeking to expand the influence of the "better sort" of voters gained a majority by appealing to the electorate to overthrow the 1868 Underwood Constitution, that the Richmond Dispatch characterized as "that miserable apology to organic law which was forced upon Virginians by carpetbaggers, scalawags and Negroes supported by Federal bayonets". The tone was set by the Progressive editor of the Lynchburg News, Carter Glass, w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Senate Of Virginia
The Senate of Virginia is the upper house of the Virginia General Assembly. The Senate is composed of 40 senators representing an equal number of single-member constituent districts. The Senate is presided over by the lieutenant governor of Virginia. Prior to the American War of Independence, the upper house of the General Assembly was represented by the Virginia Governor's Council, consisting of up to 12 executive counselors appointed by the colonial royal governor as advisers and jurists. The lieutenant governor presides daily over the Virginia Senate. In the lieutenant governor's absence, the president pro tempore presides, usually a powerful member of the majority party. The Senate is equal with the House of Delegates, the lower chamber of the legislature, except that taxation bills must originate in the House, similar to the federal U.S. Congress. Members of the Virginia Senate are elected every four years by the voters of the 40 senatorial districts on the Tuesday succeed ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Deposit Insurance Corporation
The Federal Deposit Insurance Corporation (FDIC) is one of two agencies that supply deposit insurance to depositors in American depository institutions, the other being the National Credit Union Administration, which regulates and insures credit unions. The FDIC is a United States government corporation supplying deposit insurance to depositors in American commercial banks and savings banks. The FDIC was created by the Banking Act of 1933, enacted during the Great Depression to restore trust in the American banking system. More than one-third of banks failed in the years before the FDIC's creation, and bank runs were common. The insurance limit was initially US$2,500 per ownership category, and this was increased several times over the years. Since the enactment of the Dodd–Frank Wall Street Reform and Consumer Protection Act in 2010, the FDIC insures deposits in member banks up to $250,000 per ownership category. FDIC insurance is backed by the full faith and credit of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Reserve System
The Federal Reserve System (often shortened to the Federal Reserve, or simply the Fed) is the central banking system of the United States of America. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics (particularly the panic of 1907) led to the desire for central control of the monetary system in order to alleviate financial crises. Over the years, events such as the Great Depression in the 1930s and the Great Recession during the 2000s have led to the expansion of the roles and responsibilities of the Federal Reserve System. U.S. Congress, Congress established three key objectives for monetary policy in the Federal Reserve Act: maximizing employment, stabilizing prices, and moderating long-term interest rates. The first two objectives are sometimes referred to as the Federal Reserve's dual mandate. Its duties have expanded over the years, and currently also include supervising and bank regulation, regulating ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Regulation In The United States
Bank regulation in the United States is highly fragmented compared with other G10 countries, where most countries have only one bank regulator. In the U.S., banking is regulated at both the federal and state level. Depending on the type of charter a banking organization has and on its organizational structure, it may be subject to numerous federal and state banking regulations. Apart from the bank regulatory agencies the U.S. maintains separate securities, commodities, and insurance regulatory agencies at the federal and state level, unlike Japan and the United Kingdom (where regulatory authority over the banking, securities and insurance industries is combined into one single financial-service agency). Bank examiners are generally employed to supervise banks and to ensure compliance with regulations. U.S. banking regulation addresses privacy, disclosure, fraud prevention, anti-money laundering, anti-terrorism, anti-usury lending, and the promotion of lending to lower-income po ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Congress
The United States Congress is the legislature of the federal government of the United States. It is bicameral, composed of a lower body, the House of Representatives, and an upper body, the Senate. It meets in the U.S. Capitol in Washington, D.C. Senators and representatives are chosen through direct election, though vacancies in the Senate may be filled by a governor's appointment. Congress has 535 voting members: 100 senators and 435 representatives. The U.S. vice president has a vote in the Senate only when senators are evenly divided. The House of Representatives has six non-voting members. The sitting of a Congress is for a two-year term, at present, beginning every other January. Elections are held every even-numbered year on Election Day. The members of the House of Representatives are elected for the two-year term of a Congress. The Reapportionment Act of 1929 establishes that there be 435 representatives and the Uniform Congressional Redistricting Act requires ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Newspaper Publisher
Publishing is the activity of making information, literature, music, software and other content available to the public for sale or for free. Traditionally, the term refers to the creation and distribution of printed works, such as books, newspapers, and magazines. With the advent of digital information systems, the scope has expanded to include electronic publishing such as ebooks, academic journals, micropublishing, websites, blogs, video game publishing, and the like. Publishing may produce private, club, commons or public goods and may be conducted as a commercial, public, social or community activity. The commercial publishing industry ranges from large multinational conglomerates such as Bertelsmann, RELX, Pearson and Thomson Reuters to thousands of small independents. It has various divisions such as trade/retail publishing of fiction and non-fiction, educational publishing (k-12) and academic and scientific publishing. Publishing is also undertaken by governments, civi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Democratic Party (United States)
The Democratic Party is one of the two major contemporary political parties in the United States. Founded in 1828, it was predominantly built by Martin Van Buren, who assembled a wide cadre of politicians in every state behind war hero Andrew Jackson, making it the world's oldest active political party.M. Philip Lucas, "Martin Van Buren as Party Leader and at Andrew Jackson's Right Hand." in ''A Companion to the Antebellum Presidents 1837–1861'' (2014): 107–129."The Democratic Party, founded in 1828, is the world's oldest political party" states Its main political rival has been the Republican Party since the 1850s. The party is a big tent, and though it is often described as liberal, it is less ideologically uniform than the Republican Party (with major individuals within it frequently holding widely different political views) due to the broader list of unique voting blocs that compose it. The historical predecessor of the Democratic Party is considered to be th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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