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jimmy carter

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  1. On This Day: April 2 1980 President Jimmy Carter Signed the Crude Oil Windfall Profits Tax Act

    On This Day: April 2 1980 President Jimmy Carter Signed the Crude Oil Windfall Profits Tax Act

    On this day April 2 1980 United States President Jimmy Carter signed the Crude Oil Windfall Profits Tax Act into law. This legislation imposed a higher tax rate on oil companies to address the sharp rise in oil prices and capture some of the profits generated during the energy crisis. The tax...
  2. On This Day: March 31 1980 President Carter Deregulated the Banking Industry

    On This Day: March 31 1980 President Carter Deregulated the Banking Industry

    On this day March 31 1980 President Jimmy Carter signed into law a major piece of financial legislation that began the process of deregulating the banking industry. The Depository Institutions Deregulation and Monetary Control Act aimed to modernize the financial system in response to rising...
  3. On This Day: March 21 1980 President Jimmy Carter Announced the US Would Boycott the 1980 Summer Olympics

    On This Day: March 21 1980 President Jimmy Carter Announced the US Would Boycott the 1980 Summer Olympics

    On this day March 21 1980 President Jimmy Carter officially announced that the United States would boycott the 1980 Summer Olympics in Moscow. The decision was made in protest of the Soviet Union’s invasion of Afghanistan which began in December 1979. The boycott was part of a broader effort to...
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