Misplaced Pages

National Credit Union Share Insurance Fund

Article snapshot taken from Wikipedia with creative commons attribution-sharealike license. Give it a read and then ask your questions in the chat. We can research this topic together.

The National Credit Union Share Insurance Fund provides deposit insurance to protect the accounts of credit union members at federally insured institutions in the United States. Created in 1970, the Share Insurance Fund is administered by the National Credit Union Administration , an independent federal financial regulator. The Share Insurance Fund is funded completely by participating credit unions, and not one penny of insured savings has ever been lost by a member of a federally insured credit union. The Share Insurance Fund is backed by the full faith and credit of the United States government .

#769230

92-690: As of December 2016, Share Insurance Fund insured an estimated $ 1 trillion in member shares in more than 5,800 federally insured credit unions. In 1970, Congress , approved, and then President Richard M. Nixon signed, Public Law 91-206 , creating the National Credit Union Administration as an independent federal financial regulator. Soon after, Congress established the National Credit Union Share Insurance Fund and made NCUA responsible for its administration. The Share Insurance Fund

184-640: A U.S. citizen for seven years for the House and nine years for the Senate, and be an inhabitant of the state which they represent. Members in both chambers may stand for re-election an unlimited number of times. The Congress was created by the U.S. Constitution and first met in 1789, replacing the Congress of the Confederation in its legislative function. Although not legally mandated, in practice since

276-612: A by-election mid-way through a Parliament, regardless of how long they have occupied the seat, is not exempt from facing re-election at the next general election. The Septennial Act 1715 provided that a Parliament expired seven years after it had been summoned; this maximum period was reduced to five years by the Parliament Act 1911 . Prior to the Fixed-term Parliaments Act 2011 parliaments had no minimum duration. Parliaments could be dissolved early by

368-478: A federal structure with two overlapping power centers so that each citizen as an individual is subject to the powers of state government and national government. To protect against abuse of power, each branch of government – executive, legislative, and judicial – had a separate sphere of authority and could check other branches according to the principle of the separation of powers . Furthermore, there were checks and balances within

460-1073: A few years. In the United States , the president of the United States is elected indirectly through the United States Electoral College to a four-year term, with a term limit of two terms (totaling eight years) or a maximum of ten years if the president acted as president for two years or less in a term where another was elected as president, imposed by the Twenty-second Amendment to the United States Constitution , ratified in 1951. The Vice President also serves four-year terms but without any term limit. U.S. Representatives serve two-year terms. U.S. Senators serve six-year terms. Federal judges have different terms in office. Article I judges ; such as those that sit on

552-596: A four-year term. As a former British territory following the Westminster System , there are many similarities with the United Kingdom, although with some variations based on local customs, the federal system of government and the absentee monarch. Being a Commonwealth realm , Canada shares a monarch with the United Kingdom and 14 other countries, who serves as head of state of all 15 realms until his or her death or abdication. The governor general

644-589: A maximum of 5 years from the most recent election before expiring, although all Parliaments to date have been dissolved before they could expire. Bill C-16, introduced in the 39th Parliament , provided for fixed election dates every 4 years on the third Monday in October, beginning in 2009. However, the Prime Minister may still advise the Governor General to dissolve Parliament at any time. As in

736-658: A person serves in a particular elected office . In many jurisdictions there is a defined limit on how long terms of office may be before the officeholder must be subject to re-election . Some jurisdictions exercise term limits , setting a maximum number of terms an individual may hold in a particular office. Being the origin of the Westminster system , aspects of the United Kingdom 's system of government are replicated in many other countries. The monarch serves as head of state until their death or abdication . In

828-444: A powerful effect of waking up a somewhat dormant Congress which investigated presidential wrongdoing and coverups; the scandal "substantially reshaped" relations between the branches of government, suggested political scientist Bruce J. Schulman . Partisanship returned, particularly after 1994; one analyst attributes partisan infighting to slim congressional majorities which discouraged friendly social gatherings in meeting rooms such as

920-461: A prime minister whose incumbency spans multiple Parliaments only serves one, unbroken, term of office, some writers may refer to the different Parliaments as separate terms. Hereditary peers and life peers retain membership of the House of Lords for life, though members can resign or be expelled. Lords Spiritual hold membership of the House of Lords until the end of their time as bishops, though

1012-524: A revised constitution with a two-chamber or bicameral Congress. Smaller states argued for equal representation for each state. The two-chamber structure had functioned well in state governments. A compromise plan, the Connecticut Compromise , was adopted with representatives chosen by population (benefiting larger states) and exactly two senators chosen by state governments (benefiting smaller states). The ratified constitution created

SECTION 10

#1732779724770

1104-496: A senior bishop may be made a life peer upon the end of their bishopric (e.g. George Carey , made Baron Carey of Clifton the day after he ceased being Archbishop of Canterbury ). The devolved administrations in Scotland , Wales and Northern Ireland are variations on the system of government used at Westminster . The office of the leader of the devolved administrations has no numeric term limit imposed upon it. However, in

1196-491: A single term. The term of a government generally ends when it is defeated on a confidence matter or the governing party fails to gain enough seats in a general election. Senators are appointed to the Canadian Senate to represent a province, territory, or group of provinces, by the Governor General of Canada on the advice of the Prime Minister, and serve until the mandatory retirement age of 75. Senators appointed before

1288-401: A six-year term, with terms staggered , so every two years approximately one-third of the Senate is up for election. Each state, regardless of population or size, has two senators, so currently, there are 100 senators for the 50 states. Article One of the U.S. Constitution requires that members of Congress be at least 25 years old for the House and at least 30 years old for the U.S. Senate, be

1380-529: A state's at-large representation to the federal government by senators. Most incumbents seek re-election, and their historical likelihood of winning subsequent elections exceeds 90 percent. The historical records of the House of Representatives and the Senate are maintained by the Center for Legislative Archives, which is a part of the National Archives and Records Administration . Congress

1472-684: A variety of resources for consumers to better understand insurance coverage on their deposits at federally insured credit unions, including: The Share Insurance Fund also provides funding when a credit union is no longer able to continue operating, the credit union will be liquidated and the NCUSIF will pay member shares up to $ 250,000. Since the passage of the Federal Deposit Insurance Reform Act of 2005 deposits were insured for up to $ 100,000 per insured account, or $ 250,000 for certain retirement accounts. The passage of

1564-480: Is NCUA Board policy that the normal operating equity ratio is 1.30 percent. The majority of the fund is invested in United States treasury securities , with a portion of the earnings being used to fund NCUA's operations. NCUA gets about $ 200 million of its current budget from the Share Insurance Fund, with the remainder coming from operating fees charged to regulated credit unions. In the event that

1656-536: Is appointed by the monarch as his/her personal representative on the advice of the prime minister , and serves for an indefinite term , though the normal convention is 5 years. Similarly, the lieutenant governors , who represent the monarch at the provincial level, are appointed by the governor general on the advice of the prime minister (usually also with consultation of the relevant provincial premier ), and generally also serve 5 year terms by convention. The territories have commissioners , who are not representatives of

1748-546: Is approximately $ 13 billion in total, made up of $ 2.8 billion in retained earnings and approximately $ 10 billion in contributed capital from credit unions. Contributed capital is the one percent of insured shares deposited by each federal credit union, as well as all federally insured, state-chartered credit unions. The Federal Credit Union Act requires the NCUA Board to set a target equity ratio of at least 1.20 percent and no more than 1.50 percent of total insured deposits. It

1840-693: Is directly responsible for the governing of the District of Columbia , the current seat of the federal government. The First Continental Congress was a gathering of representatives from twelve of the Thirteen Colonies . On July 4, 1776, the Second Continental Congress adopted the Declaration of Independence , referring to the new nation as the "United States of America". The Articles of Confederation in 1781 created

1932-440: Is elected and gives each House the power to create its own structure. Section Seven lays out the process for creating laws, and Section Eight enumerates numerous powers. Section Nine is a list of powers Congress does not have, and Section Ten enumerates powers of the state, some of which may only be granted by Congress. Constitutional amendments have granted Congress additional powers. Congress also has implied powers derived from

SECTION 20

#1732779724770

2024-493: Is essentially charged with reconciling our many points of view on the great public policy issues of the day. Congress is constantly changing and is constantly in flux. In recent times, the American South and West have gained House seats according to demographic changes recorded by the census and includes more women and minorities . While power balances among the different parts of government continue to change,

2116-433: Is extraordinarily sensitive to public pressure. Several academics described Congress: Congress reflects us in all our strengths and all our weaknesses. It reflects our regional idiosyncrasies, our ethnic, religious, and racial diversity, our multitude of professions, and our shadings of opinion on everything from the value of war to the war over values. Congress is the government's most representative body   ... Congress

2208-476: Is how the Netherlands ended up with consequent cabinets by: 4x Willem Drees (Drees-Van Schaik I '48, Drees I '51, Drees II '52 - Drees III '56) 3x Dries van Agt (Van Agt I '77, Van Agt II '81, Van Agt III '82) 4x Jan Peter Balkenende (Balkenende I '02, Balkenende II '03, Balkenende III '06, Balkenende IV '07) 4x Mark Rutte (Rutte I '10, Rutte II '12, Rutte III '17, Rutte IV '22). Between 1982 and 2018,

2300-517: Is quite uncommon. Article One of the United States Constitution states, "All legislative Powers herein granted shall be vested in a Congress of the United States, which shall consist of a Senate and House of Representatives." The House and Senate are equal partners in the legislative process – legislation cannot be enacted without the consent of both chambers. The Constitution grants each chamber some unique powers. The Senate ratifies treaties and approves presidential appointments while

2392-759: Is the legislature of the federal government of the United States . It is bicameral , composed of a lower body, the United States House of Representatives , and an upper body, the United States Senate . It meets in the United States Capitol in Washington, D.C. Members 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 vice president of

2484-811: The Financial Times , Xi expressed his views of constitutional amendment at meetings with Chinese officials and foreign dignitaries. Xi explained the decision in terms of needing to align two more powerful posts— General Secretary of the Chinese Communist Party and Chairman of the Central Military Commission (CMC)—which have no term limits. However, Xi did not say whether he intended to serve as party general secretary, CMC chairman and state president, for three or more terms. Numbers in years unless stated otherwise. Some countries where fixed-term elections are uncommon,

2576-529: The tabloidization of media coverage. Others saw pressure to squeeze a political position into a thirty-second soundbite. A report characterized Congress in 2013 as unproductive, gridlocked, and "setting records for futility". In October 2013, with Congress unable to compromise, the government was shut down for several weeks and risked a serious default on debt payments, causing 60% of the public to say they would "fire every member of Congress" including their own representative. One report suggested Congress posed

2668-544: The Board of Education . Congress began reasserting its authority. Lobbying became a big factor despite the 1971 Federal Election Campaign Act . Political action committees or PACs could make substantive donations to congressional candidates via such means as soft money contributions. While soft money funds were not given to specific campaigns for candidates, the money often benefited candidates substantially in an indirect way and helped reelect candidates. Reforms such as

2760-541: The Commerce Clause , the enumerated power to regulate commerce, in rulings such as McCulloch v. Maryland , have effectively widened the scope of Congress's legislative authority far beyond that prescribed in Section Eight. Constitutional responsibility for the oversight of Washington, D.C. , the federal district and national capital, and the U.S. territories of Guam , American Samoa , Puerto Rico ,

2852-469: The Congress of the Confederation , a unicameral body with equal representation among the states in which each state had a veto over most decisions. Congress had executive but not legislative authority, and the federal judiciary was confined to admiralty and lacked authority to collect taxes, regulate commerce, or enforce laws. Government powerlessness led to the Convention of 1787 which proposed

National Credit Union Share Insurance Fund - Misplaced Pages Continue

2944-609: The Conservative Coalition . Democrats maintained control of Congress during World War II . Congress struggled with efficiency in the postwar era partly by reducing the number of standing congressional committees. Southern Democrats became a powerful force in many influential committees although political power alternated between Republicans and Democrats during these years. More complex issues required greater specialization and expertise, such as space flight and atomic energy policy. Senator Joseph McCarthy exploited

3036-575: The Constitution of China stipulated that the president , vice president , premier , vice premiers could not serve more than two consecutive terms. In March 2018, China 's party-controlled National People's Congress passed a set of constitutional amendments including removal of term limits for the president and vice president , as well as enhancing the central role of the Chinese Communist Party (CCP). On 17 March 2018,

3128-650: The Emergency Economic Stabilization Act of 2008 increased the amount of covered shares to $ 250,000 until the end of 2013. This increase was made permanent by the Dodd–Frank Wall Street Reform and Consumer Protection Act in July 2010. United States Congress This is an accepted version of this page Minority (49) Minority (212) Vacant (3) [REDACTED] [REDACTED] The United States Congress

3220-523: The Northern Mariana Islands . These six members of Congress enjoy floor privileges to introduce bills and resolutions, and in recent Congresses they vote in permanent and select committees, in party caucuses and in joint conferences with the Senate. They have Capitol Hill offices, staff and two annual appointments to each of the four military academies. While their votes are constitutional when Congress authorizes their House Committee of

3312-467: The U.S. Virgin Islands , and the Northern Mariana Islands rests with Congress. The republican form of government in territories is devolved by congressional statute to the respective territories including direct election of governors, the D.C. mayor and locally elective territorial legislatures. Term of office A term of office , electoral term , or parliamentary term is the length of time

3404-565: The United Kingdom Members of Parliament (MPs) in the House of Commons are elected for the duration of the parliament. Following dissolution of the Parliament, a general election is held which consists of simultaneous elections for all seats. For most MPs this means that their terms of office are identical to the duration of the Parliament. An individual's term may be cut short by death or resignation . An MP elected in

3496-677: The United States bankruptcy courts , United States Tax Court , and United States Court of Appeals for the Armed Forces , and certain other federal courts and other forms of adjudicative bodies serve limited terms: The Court of Appeals for the Armed Forces for 15 years, bankruptcy courts for 14. However, the majority of the federal judiciary, Article III judges (such as those of the Supreme Court , courts of appeal , and federal district courts ), serve for life. The terms of office for officials in state governments varies according to

3588-449: The second-wave feminism movement , when activists moved into electoral politics. Beginning in the 1970s, donors and political action committees like EMILY's List began recruiting, training and funding women candidates. Watershed political moments like the confirmation of Clarence Thomas and the 2016 presidential election created momentum for women candidates, resulting in the Year of

3680-429: The "biggest risk to the U.S. economy" because of its brinksmanship , "down-to-the-wire budget and debt crises" and "indiscriminate spending cuts", resulting in slowed economic activity and keeping up to two million people unemployed. There has been increasing public dissatisfaction with Congress, with extremely low approval ratings which dropped to 5% in October 2013. In 2009, Congress authorized another delegate for

3772-439: The 1960s opened the possibility for Black, Asian American, Latina and other non-white women candidates to run for Congress. Racially polarized voting, racial stereotypes and lack of institutional support still prevent women of color from reaching Congress as easily as white people . Senate elections, which require victories in statewide electorates, have been particularly difficult for women of color. Carol Moseley Braun became

National Credit Union Share Insurance Fund - Misplaced Pages Continue

3864-591: The 19th century, members of Congress are typically affiliated with one of the two major parties , the Democratic Party or the Republican Party , and only rarely with a third party or independents affiliated with no party. In the case of the latter, the lack of affiliation with a political party does not mean that such members are unable to caucus with members of the political parties. Members can also switch parties at any time, although this

3956-846: The 2002 Bipartisan Campaign Reform Act limited campaign donations but did not limit soft money contributions. One source suggests post-Watergate laws amended in 1974 meant to reduce the "influence of wealthy contributors and end payoffs" instead "legitimized PACs" since they "enabled individuals to band together in support of candidates". From 1974 to 1984, PACs grew from 608 to 3,803 and donations leaped from $ 12.5   million to $ 120   million along with concern over PAC influence in Congress. In 2009, there were 4,600 business, labor and special-interest PACs including ones for lawyers , electricians , and real estate brokers . From 2007 to 2008, 175 members of Congress received "half or more of their campaign cash" from PACs. From 1970 to 2009,

4048-574: The American response as a "police action". According to Time magazine in 1970, "U.S. presidents [had] ordered troops into position or action without a formal congressional declaration a total of 149 times." In 1993, Michael Kinsley wrote that "Congress's war power has become the most flagrantly disregarded provision in the Constitution," and that the "real erosion [of Congress's war power] began after World War   II." Disagreement about

4140-497: The Chinese legislature reappointed Xi as president, now without term limits; Wang Qishan was appointed vice president. The following day, Li Keqiang was reappointed premier and longtime allies of Xi, Xu Qiliang and Zhang Youxia , were voted in as vice-chairmen of the state military commission . Foreign minister Wang Yi was promoted to state councillor and General Wei Fenghe was named defence minister . According to

4232-462: The Constitution's Necessary and Proper Clause . Congress has authority over financial and budgetary policy through the enumerated power to "lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States". There is vast authority over budgets, although analyst Eric Patashnik suggested that much of Congress's power to manage

4324-604: The Government of the United States, or in any Department or Officer thereof". Article Four gives Congress the power to admit new states into the Union. One of Congress's foremost non-legislative functions is the power to investigate and oversee the executive branch. Congressional oversight is usually delegated to committees and is facilitated by Congress's subpoena power. Some critics have charged that Congress has in some instances failed to do an adequate job of overseeing

4416-491: The House expanded delegates, along with their powers and privileges representing U.S. citizens in non-state areas, beginning with representation on committees for Puerto Rico's resident commissioner in 1970. In 1971, a delegate for the District of Columbia was authorized, and in 1972 new delegate positions were established for U.S. Virgin Islands and Guam . In 1978, an additional delegate for American Samoa were added. In

4508-448: The House initiates revenue -raising bills. The House initiates impeachment cases, while the Senate decides impeachment cases. A two-thirds vote of the Senate is required before an impeached person can be removed from office. The term Congress can also refer to a particular meeting of the legislature. A Congress covers two years; the current one, the 118th Congress , began on January 3, 2023, and will end on January 3, 2025. Since

4600-477: The House of Representatives have equal legislative authority, although only the House may originate revenue and appropriation bills . Congress has an important role in national defense , including the exclusive power to declare war, to raise and maintain the armed forces , and to make rules for the military. Some critics charge that the executive branch has usurped Congress's constitutionally defined task of declaring war. While historically presidents initiated

4692-563: The Jeffersonian Republican Party and began the era of the First Party System . In 1800, Thomas Jefferson 's election to the presidency marked a peaceful transition of power between the parties. John Marshall , 4th chief justice of the Supreme Court , empowered the courts by establishing the principle of judicial review in law in the landmark case Marbury v. Madison in 1803, effectively giving

SECTION 50

#1732779724770

4784-635: The Supreme Court a power to nullify congressional legislation. The Civil War , which lasted from 1861 to 1865, which resolved the slavery issue and unified the nation under federal authority but weakened the power of states' rights . The Gilded Age (1877–1901) was marked by Republican dominance of Congress. During this time, lobbying activity became more intense, particularly during the administration of President Ulysses S. Grant in which influential lobbies advocated for railroad subsidies and tariffs on wool. Immigration and high birth rates swelled

4876-500: The Uniform Congressional Redistricting Act requires that they be elected from single-member constituencies or districts . It is also required that the congressional districts be apportioned among states by population every ten years using the U.S. census results, provided that each state has at least one congressional representative. Each senator is elected at-large in their state for

4968-411: The United Kingdom, the cabinet and head of government are indirectly elected based on the composition of the House of Commons, they are not technically affected by the terms of legislators or Parliaments. In practice however, the terms of government office holders are affected by changes in the House of Commons, and those who serve for multiple consecutive Parliaments are generally considered to have served

5060-476: The United States , as President of the Senate, has a vote in the Senate only when there is a tie. The House of Representatives has six non-voting members . Congress convenes for a two-year term , commencing 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 established that there be 435 representatives, and

5152-554: The White House a little more in favor of the executive branch", according to one account. Past presidents, including Ronald Reagan , George H. W. Bush , Bill Clinton , and George W. Bush , have made public statements when signing congressional legislation about how they understand a bill or plan to execute it, and commentators, including the American Bar Association , have described this practice as against

5244-504: The Whole votes, recent Congresses have not allowed for that, and they cannot vote when the House is meeting as the House of Representatives. On January 6, 2021, the Congress gathered to confirm the election of Joe Biden, when supporters of the outgoing president Donald Trump attacked the building . The session of Congress ended prematurely, and Congress representatives evacuated. Trump supporters occupied Congress until D.C police evacuated

5336-552: The Woman and the election of members of The Squad , respectively. Women of color faced additional challenges that made their ascension to Congress even more difficult. Jim Crow laws , voter suppression and other forms of structural racism made it virtually impossible for women of color to reach Congress prior to 1965. The passage of the Voting Rights Act that year , and the elimination of race-based immigration laws in

5428-545: The act was repealed in 2022 and replaced with the Dissolution and Calling of Parliament Act 2022 , which restored the pre-2011 constitutional situation. Because the government and prime minister are effectively indirectly elected through the Commons, the terms of Parliaments and MPs do not directly apply to offices of government, though in practice these are affected by changes in Parliament. While, strictly speaking,

5520-544: The adoption of the Twentieth Amendment to the United States Constitution , the Congress has started and ended at noon on the third day of January of every odd-numbered year. Members of the Senate are referred to as senators; members of the House of Representatives are referred to as representatives, congressmen, or congresswomen. Scholar and representative Lee H. Hamilton asserted that the "historic mission of Congress has been to maintain freedom" and insisted it

5612-662: The area. The event was the first time since the Burning of Washington by the British during the War of 1812 that the United States Congress was forcefully occupied. Various social and structural barriers have prevented women from gaining seats in Congress. In the early 20th century, women's domestic roles and the inability to vote forestalled opportunities to run for and hold public office. The two party system and

SECTION 60

#1732779724770

5704-417: The budget has been lost when the welfare state expanded since "entitlements were institutionally detached from Congress's ordinary legislative routine and rhythm." Another factor leading to less control over the budget was a Keynesian belief that balanced budgets were unnecessary. The Sixteenth Amendment in 1913 extended congressional power of taxation to include income taxes without apportionment among

5796-569: The case of the Scottish Government and the Welsh Government there are fixed terms for which the legislatures can sit. This is imposed at five years. Elections may be held before this time but only if no administration can be formed, which has not happened yet. Offices of local government other regional elected officials follow similar rules to the national offices discussed above, with persons elected to fixed terms of

5888-612: The early years as political parties became pronounced. With the passage of the Constitution and the Bill of Rights , the anti-federalist movement was exhausted. Some activists joined the Anti-Administration Party that James Madison and Thomas Jefferson were forming about 1790–1791 to oppose policies of Treasury Secretary Alexander Hamilton ; it soon became the Democratic-Republican Party or

5980-487: The electorate. Lame duck reforms according to the Twentieth Amendment reduced the power of defeated and retiring members of Congress to wield influence despite their lack of accountability. The Great Depression ushered in President Franklin Roosevelt and strong control by Democrats and historic New Deal policies. Roosevelt 's election in 1932 marked a shift in government power towards

6072-530: The equity ratio of the fund falls below 1.20 percent, the Federal Credit Union Act requires the NCUA Board to charge credit unions a premium or to develop and implement a restoration plan for the fund. The NCUA Board has discretion whether to charge a premium when the equity ratio is between 1.20 percent and 1.30 percent. NCUA has assessed a Share Insurance Fund premium three times since the Fund

6164-425: The exclusive power of removal , allowing impeachment and removal of the president, federal judges and other federal officers. There have been charges that presidents acting under the doctrine of the unitary executive have assumed important legislative and budgetary powers that should belong to Congress. So-called signing statements are one way in which a president can "tip the balance of power between Congress and

6256-595: The executive branch. Numerous New Deal initiatives came from the White House rather initiated by Congress. President Roosevelt pushed his agenda in Congress by detailing Executive Branch staff to friendly Senate committees (a practice that ended with the Legislative Reorganization Act of 1946). The Democratic Party controlled both houses of Congress for many years. During this time, Republicans and conservative southern Democrats formed

6348-463: The extent of congressional versus presidential power regarding war has been present periodically throughout the nation's history. Congress can establish post offices and post roads, issue patents and copyrights , fix standards of weights and measures, establish Courts inferior to the Supreme Court , and "make all Laws which shall be necessary and proper for carrying into Execution the foregoing Powers, and all other Powers vested by this Constitution in

6440-564: The fear of communism during the Second Red Scare and conducted televised hearings. In 1960, Democratic candidate John F. Kennedy narrowly won the presidency and power shifted again to the Democrats who dominated both chambers of Congress from 1961 to 1980, and retained a consistent majority in the House from 1955 to 1994. Congress enacted Johnson's Great Society program to fight poverty and hunger. The Watergate Scandal had

6532-412: The first woman of color to reach the Senate in 1993. The second, Mazie Hirono , won in 2013. In 2021, Kamala Harris became the first female President of the Senate , which came with her role as the first female Vice President of the United States . Article One of the Constitution creates and sets forth the structure and most of the powers of Congress. Sections One through Six describe how Congress

6624-402: The internal structure of Congress is important to understand along with its interactions with so-called intermediary institutions such as political parties , civic associations , interest groups , and the mass media . The Congress of the United States serves two distinct purposes that overlap: local representation to the federal government of a congressional district by representatives and

6716-486: The lack of term limits favored incumbent white men, making the widow's succession – in which a woman temporarily took over a seat vacated by the death of her husband – the most common path to Congress for white women. Women candidates began making substantial inroads in the later 20th century, due in part to new political support mechanisms and public awareness of their underrepresentation in Congress. Recruitment and financial support for women candidates were rare until

6808-430: The late 20th century, the media became more important in Congress's work. Analyst Michael Schudson suggested that greater publicity undermined the power of political parties and caused "more roads to open up in Congress for individual representatives to influence decisions". Norman Ornstein suggested that media prominence led to a greater emphasis on the negative and sensational side of Congress, and referred to this as

6900-488: The law. Generally militia forces are controlled by state governments, not Congress. Congress also has implied powers deriving from the Constitution's Necessary and Proper Clause which permit Congress to "make all laws which shall be necessary and proper for carrying into Execution the foregoing Powers, and all other Powers vested by this Constitution in the Government of the United States, or in any Department or Officer thereof". Broad interpretations of this clause and of

6992-428: The legislature is almost always dissolved earlier than its expiry date. " Until removed from office " refers to offices that do not have fixed terms; in these cases, the officeholder(s) may serve indefinitely until death, abdication, resignation, retirement, or forcible removal from office (such as impeachment ). In most cases where the head of government is a different person from the head of state, its term of office

7084-485: The legislature is dissolved or be elected in by-elections between general elections. The legislatures of the Northwest Territories and Nunavut operate using a consensus model, but are similar otherwise. The premiers and their cabinets are selected in the same way as in the House of Commons, and like at the federal level, the term of a provincial government can be ended by defeat in a general election or

7176-441: The legislature since there were two separate chambers. The new government became active in 1789. Political scientist Julian E. Zelizer suggested there were four main congressional eras, with considerable overlap, and included the formative era (1780s–1820s), the partisan era (1830s–1900s), the committee era (1910s–1960s), and the contemporary era (1970–present). Federalists and anti-federalists jostled for power in

7268-477: The loss of the legislature's confidence. All provincial legislatures have fixed-term election legislation in place, as does the legislature of the Northwest Territories. Premiers may also advise Lieutenant Governors to dissolve legislatures at any time before the prescribed election date. In the Netherlands the position of Minister-President (Prime Minister) is limited to four years (counted from

7360-412: The moment the government is officially formed) although it can be repeated indefinitely after subsequent elections. It is common for the heads of governments in the Netherlands to take up the mantle multiple times, although it's neither expected or required to do so, more often a consequence of governments breaking up internally before their official four years are over and reforming with other parties. This

7452-489: The monarch at the prime minister 's request. Early dissolutions occurred when the make-up of Parliament made forming government impossible (as occurred in 1974 ), or, more commonly, when the incumbent government reasoned an early general election would improve their re-election chances (e.g. 2001 ). The Fixed-term Parliaments Act 2011 mandated that Parliaments should last their full five years; early dissolution remained possible but under much more limited circumstances. However,

7544-478: The monarch, but are instead appointed by and represent the governor-in-council (i.e. the federal cabinet ), and conventionally serve for about 5 years. Similar to the United Kingdom, MPs serve for the duration of the Parliament. They may resign before the end of a Parliament or be elected in by-elections during the middle of a Parliament. Under the Constitution Act, 1867 , a Parliament may last for

7636-584: The other branches of government. In the Plame affair , critics including Representative Henry A. Waxman charged that Congress was not doing an adequate job of oversight in this case. There have been concerns about congressional oversight of executive actions such as warrantless wiretapping , although others respond that Congress did investigate the legality of presidential decisions. Political scientists Ornstein and Mann suggested that oversight functions do not help members of Congress win reelection. Congress also has

7728-714: The passage of the British North America Act, 1965 served for life. Senators may also resign from office or be expelled from the Senate. Provincial legislatures and the legislature of the Yukon function very similarly to the federal House of Commons. MLAs (called MPPs in Ontario , MNAs in Quebec , and MHAs in Newfoundland and Labrador ) serve for the duration of the legislature, though they may resign before

7820-597: The process for going to war, they asked for and received formal war declarations from Congress for the War of 1812 , the Mexican–American War , the Spanish–American War , World War I , and World War II , although President Theodore Roosevelt 's military move into Panama in 1903 did not get congressional approval. In the early days after the North Korean invasion of 1950 , President Truman described

7912-537: The provisions of state constitutions and state law . The term for state governors is four years in all states but Vermont and New Hampshire ; the Vermont and New Hampshire governors serve for two years. The National Conference of State Legislatures reported in January 2007 that among state legislatures : Among territories of the United States : Members of Council of the District of Columbia serve

8004-703: The ranks of citizens and the nation grew at a rapid pace. The Progressive Era was characterized by strong party leadership in both houses of Congress and calls for reform; sometimes reformers said lobbyists corrupted politics. The position of Speaker of the House became extremely powerful under leaders such as Thomas Reed in 1890 and Joseph Gurney Cannon . By the beginning of the 20th century, party structures and leadership emerged as key organizers of Senate proceedings. A system of seniority, in which long-time members of Congress gained more and more power, encouraged politicians of both parties to seek long terms. Committee chairmen remained influential in both houses until

8096-504: The reforms of the 1970s. Important structural changes included the direct popular election of senators according to the Seventeenth Amendment , ratified on April 8, 1913. Supreme Court decisions based on the Constitution's commerce clause expanded congressional power to regulate the economy. One effect of popular election of senators was to reduce the difference between the House and Senate in terms of their link to

8188-413: The several States, and without regard to any census or enumeration. The Constitution also grants Congress the exclusive power to appropriate funds, and this power of the purse is one of Congress's primary checks on the executive branch. Congress can borrow money on the credit of the United States, regulate commerce with foreign nations and among the states, and coin money. Generally, the Senate and

8280-736: The spirit of the Constitution. There have been concerns that presidential authority to cope with financial crises is eclipsing the power of Congress. In 2008, George F. Will called the Capitol building a "tomb for the antiquated idea that the legislative branch matters". The Constitution enumerates the powers of Congress in detail. In addition, other congressional powers have been granted, or confirmed, by constitutional amendments. The Thirteenth (1865), Fourteenth (1868), and Fifteenth Amendments (1870) gave Congress authority to enact legislation to enforce rights of African Americans, including voting rights , due process , and equal protection under

8372-540: Was a "driving force in American government" and a "remarkably resilient institution". Congress is the "heart and soul of our democracy", according to this view, even though legislators rarely achieve the prestige or name recognition of presidents or Supreme Court justices ; one wrote that "legislators remain ghosts in America's historical imagination." One analyst argues that it is not a solely reactive institution but has played an active role in shaping government policy and

8464-417: Was recapitalized in 1984: 1991, 2009 and 2010. The Share Insurance Fund protects members' accounts in federally insured credit unions in the event of a credit union failure. The fund insures the balance of each members' account, dollar-for dollar, up to the standard maximum share insurance amount of $ 250,000. NCUA insurance covers all types of member shares received by a credit union including: NCUA publishes

#769230