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The President of the confederacy was Jefferson Davis. He was elected unopposed on November 6, 1861 as President of the Confederate States of America.
He was elected to serve for a term lasting 6 years. Before the election, he had already been serving for almost a whole year as temporary president.
Jefferson was president of the Confederate states of America during the civil war. He was personally in charge of the confederate war plans. However he was not able to find a way to defeat the Union States.
The Tea Act would serve as to limit enforced inflation on tea stock internationally due to eased export, as well as to aid financially crippled British East India Company.
The Tea Act would also lead to tea prices being unfairly regionally based, rather than fairly marketed. Increased company profits don't necessarily stimulate economy.