-
Emergency Banking Relief Act (EBRA)
The EBRA was initiated almost immediately after FDR took office it began with the president calling in congress to declare a 4 day banking holiday. In this period examiners would inspect and insure that all banks were fit to run and those that were not would be closed down. The purpose was to restore confidence in banks and get money back into the economy again. -
Period: to
The First Hunderd Days
The first Hundred days in which FDR was in office he created and passed more than 15 new pieces of legislations begining the first acts of the New Deal. -
Agricultural Adjustment Administration (AAA)
The AAA was a New Deal program with the idea to raise prices of goods so farmers could make a profit. Originally it payed farmers to only plant on a certain amount of acreage. On January 6, 1936, the Supreme Court decided the act was unconstitutional for levying this tax on the processors only to have it paid back to the farmers. -
Tennessee Valley Authority
TVA.gov The TVA was formed as part of FDR's New Deal Programs and still thrives and provides it public services today. In the 1930's the TVA Provided theTennessee Area with tons of public projects many of which provided green energy with dams. Today it still has the same mission but is bigger and in more states. -
Glass-Steagall Act Established (FDIC)
The Glass-Steagal Act was an attempt by the government to restore confidence in banks. It was originally introduced in January of 1932 but received a lot of criticism and did not pass the House with and official decision. Eventually President FDR put the Act in to play. The Act established the Federal Deposit Insurance Corporation assuring people that their deposits would be safe and it put much tighter regulations on banks. It still continues today providing safety and security 82 years later. -
Home Owners Loan Corporation (HOLC)
The HOLC helped home owners hold their homes. In June of 1933 the act passed through congress allowing the organization to provide $2 billion dollars in tax exempt bonds allowing many to save their homes and begin reform and recovery. The company still thrives and offers it services to this day. -
Civil Works Administration (CWA)
The Civil Works Administration was a subset of the FERA. During the winter of 1933 it provided jobs to a large number of Americans and gave them relief. Many Americans saw the CWA as a sign that America was finally escaping form the Great Depression. The CWA was short lived however ending in the Spring of 1934 on March 31. -
Federal Housing Administration (FHA)
The FHA federally insured mortgages to single and multifamily homes and hospitals. It is the biggest mortgage insurance company in the world and has insured over 34 million loans since its establishment in 1934. The FHA still exists today and provides federal mortgage insurance. -
Works Progress Administration (WPA)
WPA (Works Progress Administration) - 1937 The WPA funded thousands of public projects providing millions of jobs to the unemployed. It made many things such as bridges, roads, public buildings, public parks and airports. At its peak in 1942 it employed 8.5 million people. The WPA was dissolved on June 30, 1943 due to unemployment with WWII. -
Social Securities Act
The SSA was the solution to provide more jobs and relief to those in need. The SSA allow the old to retire and still have money to live on and also helps the impaired and mentally disabled to maintain a healthy life style. The SSA still exists and provides it services to this day helping those in need. -
Fair Labor Standards Act
The FLSA The FLSA was established to create and equal opportunity work place but still failed in some aspects. Even though it set the minimum wage there still was a gap between different genders. The FLSA shortened the Work week and made working conditions more strict and better. It still exists today providing workers with and equal pay and fair working conditions.
