What did Obama do for the country?

What did Obama do for the country?

Major acts and legislation

• Responding to the Great Recession. American Recovery and Reinvestment Act of 2009.
• Wall Street reform. Credit CARD Act of 2009.
• Taxation and spending. Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010.
• 2013 debt ceiling crisis and government shutdown.

How many countries has Obama been to?

Barack Obama, the 44th president of the United States, made 52 international trips to 58 countries (in addition to visiting the West Bank) during his presidency, which began on January 20, 2009 and ended on January 20, 2017.

How did Obama’s plan try to solve the housing crisis?

Passing Wall Street reform and establishing the Consumer Financial Protection Bureau: President Obama signed into law Wall Street Reform that reins in big banks and mortgage lenders by preventing the excessive risk-taking that lead to the housing crisis, requiring lenders to verify that borrowers have the ability to …

What was Obama’s policy agenda?

The Obama Administration stated that its general agenda was to “revive the economy, provide affordable and accessible health care to all, strengthen our public education and social security systems, define a clear path to energy independence and tackle climate change, end the War in Iraq responsibly and finish our …

Why did Obama win the Nobel Peace Prize?

The 2009 Nobel Peace Prize was awarded to United States President Barack Obama (b. 1961) for his “extraordinary efforts to strengthen international diplomacy and cooperation between peoples”.

How much is Obama worth?

List of presidents by peak net worth

Which president visited the most countries?

Barack Obama made 52 trips to 58 countries (in addition to visiting the West Bank) during his presidency. He set the record as the most-traveled president for any first year in office: he took the most trips, visited the most countries, and spent the most days abroad.

Who was the first president to travel outside the us?

Theodore Roosevelt

To inspect construction of Panama Canal. First visit abroad by any President or President-elect.

Why did people lose their homes in 2008?

The stock market and housing crash of 2008 had its origins in the unprecedented growth of the subprime mortgage market beginning in 1999. U.S. government-sponsored mortgage lenders Fannie Mae and Freddie Mac made home loans accessible to borrowers who had low credit scores and a higher risk of defaulting on loans.

Who was president when the housing market crashed?

Concerns about the impact of the collapsing housing and credit markets on the larger U.S. economy caused President George W. Bush and the Chairman of the Federal Reserve Ben Bernanke to announce a limited bailout of the U.S. housing market for homeowners who were unable to pay their mortgage debts.

Who challenged Obama in the 2012 presidential election?

Incumbent Democratic President Barack Obama and his running mate, incumbent Vice President Joe Biden, were re-elected to a second term. They defeated the Republican ticket of businessman and former Governor Mitt Romney of Massachusetts and Representative Paul Ryan of Wisconsin.

What major events happened in 2008 in the United States?

The history of the United States from 2008 to the present began with the collapse of the housing bubble, which led to the Great Recession. The resulting economic downturn and general discontent led Barack Obama to win the presidential election in 2008, becoming the country’s first African-American president.

Who refused the Nobel Peace Prize?

Le Duc Tho
Le Duc Tho declined the Nobel Peace Prize.

How much is the Nobel prize worth?

about $1,135,384
The award for the 2021 Nobel Prize is 10 million Swedish kronor. At the current exchange rate, that’s about $1,135,384 — a hefty sum, even for the best and brightest minds in the world.

How rich is Trump now?

Forbes estimates it at $3 billion as of February 17, 2022, with Trump chronically making much higher claims. Trump’s wealth arises from a variety of sources, including gifts, loans, and inheritance from his father, Fred Trump; trust funds; fundraising; and business deals and investments.

Who is the richest president ever?

Donald Trump
1. Donald Trump (Net Worth $2.9 billion) When adjusted for inflation, Donald Trump is the richest person to ever serve as president — even at the lowest estimate. Trump had a prominent real estate career in New York City before throwing his hat in the political ring.

Which U.S. president was the first to visit a foreign country?

Which president spent the most days in office?

Presidents by time in office

What president has traveled the most?

George W. Bush is the most traveled US President with 140 international visits. William J. Clinton and Barack Obama are close 2nd and 3rd with 133 and 120 international visits respectively.

Who lost money in 2008 crash?

Just when it seemed the year couldn’t get much worse, news came that trader Bernard L. Madoff had allegedly lost $50 billion — yes billion — worth of investors’ money in a massive scam. The scope of his victims is impressive. Steven Spielberg and Jeffrey Katzenberg both are reported to have lost from the funds.

Are we in a recession 2022?

And it remains possible that the economy stumbles so much in the months ahead that economists at the National Bureau of Economic Research, the official arbiter of recessions, eventually declare that a recession began in early 2022.

Who saved the economy in 2008?

Treasury Secretary Henry Paulson
One of his famous decisions as secretary was to let Lehman Brothers fail, precipitating a stock market drop of nearly five percent. In his zeal not to repeat that mistake, he helped push the bank bailout through Congress.

How many states did Obama win 2008?

Super Tuesday ended up leaving the Democrats in a virtual tie, with Obama amassing 847 delegates to Clinton’s 834 from the 23 states that held Democratic primaries.

Who ran against Obama both times?

2012 United States presidential election

What was 2008 famous for?

The Great Recession, a worldwide recession which began in 2007, continued through the entirety of 2008.