American ships could not transport goods to foreign ports
Congress dictated certain terms but the Treasury is ignoring them. Look up the hearings currently underway in congress. Search Dennis Kucinich in YouTube
Most favored nation
No, the Federal Reserve System is an independent agency of the federal government, and is run by its Board of Governors, of whom Ben Bernanke is the Chairman. The seven Governors are nominated by the President and approved by the Senate to fourteen-year terms. Although both the President and the Congress both wish that they sometimes did run the Federal Reserve and dictate its economic and regulatory policies, they do not.
Canada has a degree of free trade with Germany under the terms of the World Trade Organization of which both countries are members; it does not have the same degree of unrestricted trade that it has with the US and Mexico under the terms of the North American Free Trade Agreement. All of these trade agreements are very complicated. But in general, there is certainly commerce between Canada and Germany.
The Chairman and Vice Chairman of the Board of Governors of the Federal Reserve System are appointed to four year terms by the President and confirmed by Congress. In theory, like other presidential appointments, the President could ask for the Chairman's resignation, but such a thing has never happened in the history of the Fed.
The Embargo Act of 1807, passed by Congress, aimed to prohibit American ships from trading with foreign nations, particularly in response to British and French interference with American shipping and impressment of sailors. The act was intended to apply economic pressure on these nations and protect American interests but ultimately led to significant economic distress within the United States. It was highly unpopular and was repealed in 1809, as it failed to achieve its objectives and caused widespread hardship among American merchants and farmers.
As of 1947, when the 22nd Amendment was passed by Congress, a president is limited to only serving two terms.
As of 1947, when the 22nd Amendment was passed by Congress, a president is limited to only serving two terms.
Under the United States Constitution, members of the congress may serve an unlimited number of two-year terms. The members of the Senate, on the other hand, may serve an unlimited number of six-year terms.
It is because congress passed a law limiting a president to 2 terms.
Yes, after his four re-elections Congress passed a law that said you could not serve more than two terms.
This came from the 22nd Amendment to the US Constitution passed in 1951 under President Truman.
A Congress person does not have a limit on the number of terms he or she can serve in Congress. This lack of restriction has inspired much debate recently.
Unlimited terms
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The terms for Congress are Senate 6 year terms House of Representatives 2 year terms President Each term is 4 years with the max of 2 terms a total of 8 years.
He's a former politician. Gore served in both branches of Congress and was the VP under Bill Clinton for two terms.