-
Social Security Act
-used to collect taxes on both employers and employees
-helped not only edlerly, but also the blind, unemployed and dependent children -
Federal Deposit Insurance Commission (FDIC)
-improved consumer confidence in banking system
-FDIC insurance originally limited to deposits up to $2500, today they are protected up to $250,000 -
Security Exchange Commission (SEC)
-restored consumer confidence in securities market
-Joseph P. Kennedy was the first chairman of the SEC -
National Labor Relations Board (NLRB)
-enforced employee rights
-Supreme Court rules the NLRB constitutional in 1935 -
Works Progress Administration (WPA)
-efforts to appease "Longites" who clamored for more direct assistance from fed government
-put roughly 8.5 million Americans to work -
Soil Conservation Service
-to sstudy and solve the problem of the nations eroding soil
-performed surveys and developed flood control plans to prevent soil from being washed away -
Federal Housing Authority (FHA)
-provides mortgage insurance made by FHA-approved lenders
-insures mortgages on single and multifamily homes including manufactured homes and hospitals -
Federal National Mortgage Association (Fannie Mae)
-purchase loans from private lenders
-helped fuel the post-WWII housing boom
