Republican; Once in office, Harding followed a predominately pro-business conservative Republican agenda. Taxes were reduced, high protective tariffs were enacted, and immigration was limited. Harding singed the Budget and Accounting Act of 1921 which streamlined the federal budget system and established the General Accounting Office to audit government expenditures.
Republican; He cut taxes, limited government spending and stacked regulatory commissions with people sympathetic to business. He rejected U.S. membership in the League of Nations and set high tariffs on imported goods to protect American industry.