Follow Us: Google+
 
Bankrate.com

taxes

8 financial laws and their namesakes

Financial laws and their namesakes
Financial laws and their namesakes

What's in a name? When one is attached to federal legislation, it usually means that the bill was introduced or championed by the lawmaker for which it is named.

Other times a public policy measure is named for a private citizen who was instrumental in its creation or whose public stature helped elevate the issue.

Most of the time, having a law named for a person is an honor, a tangible declaration of a person's hard work.

But occasionally the honor becomes a burden.

Read on to learn about eight federal financial laws or proposals and the people for which they are named.


 

advertisement

Show Bankrate's community sharing policy
            Connect with us
Overnight Averages
Product Rate +/- Last week
30 yr fixed
3.60%
3.52%
15 yr fixed
2.74%
2.71%
5/1 ARM
2.54%
2.57%
View rates in your area:
Product Rate +/- Last week
30K HELOC
5.21%
5.22%
30K Home Equity Loan
6.11%
6.14%
50K HELOC
4.76%
4.79%
View rates in your area:
Product Rate +/- Last week
48 Mo Used Car
2.93%
3.10%
48 Mo New Car
2.45%
2.45%
36 Mo Used Car
2.88%
2.93%
View rates in your area:
Product Yield +/- Last week
6 Mo CD
0.41%
0.43%
1 Yr CD
0.62%
0.63%
5 Yr CD
1.22%
1.24%
Compare rates:
Product Rate
Low Interest Cards 11.01%
Balance Transfer Cards 15.92%
All Variable 15.24%
Compare rates:  
advertisement
Most Read
  1. Nick Nolte's house for sale
  2. 8 eerie ghost towns
  3. 5 best markets for home values
  4. What does a kitchen remodel entail?
  5. Don't sell a smelly house
  6. Headlight requirements by state
  7. 9 gas-only, fuel-efficient cars
  8. 8 affordable, classic cars for retirees
  9. 5 car models that lose value
  10. Top 10 states for foreclosure
Looking for FREE tax advice?
From Federal and State tax law changes, to rates and tools, our expert advice will help you stay informed.
advertisement
Fired commissioner. Congressional hearings. Scathing tax watchdog report. It has been a terrible week for the IRS. And the tough t
Partner Center
advertisement

Advertising Disclosure: Bankrate.com is an independent, advertising-supported comparison service. Bankrate may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website.