Author Question: The fact that Yale graduates George Bush and John Kerry were both members of the super-elite and ... (Read 37 times)

folubunmi · **on:** Jul 13, 2018

The fact that Yale graduates George Bush and John Kerry were both members of the super-elite and secretive Skull and Bones Society is an example of money and connections giving elites access to political power.

Indicate whether the statement is true or false

Question 2

Which statement explains what has happened to federal oversight of the financial industry since the 1980s?

a. Interest groups have lined up in opposition to the financial industry, leading to several waves of new regulations.
b. Congress has generally delivered whatever the financial industry wanted, repealing laws and rolling back safeguards.
c. Presidents have generally had an adversarial relationship with the financial industry, pushing successfully to tighten regulations.
d. Citizens have generally pushed back against legislation tightening restrictions on the financial industry, and Congress has responded by heavily deregulating the industry.