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The New Deal

AB
Emergency Banking Relief Act1933- gave the president power to regulate banking transactions and to reopen only solvent banks
Glass-Steagall Banking Reform Act1933- The act itself made 750 million dollars that had once been kept in the governments gold reserves now able to be used in the creation of loans of private businesses
Federal Deposit Insurance Corporation (FDIC)Insured individual bank deposits up to $5,000, ending the epidemic of bank failures
Federal Securities Act1933 - established the Securities and Exchange Commission (SEC)- which oversses trading on the stock market so that it is fair and transparent
Civilian Conservation Corps (CCC)Sent 3 million young men to government camps on federally owned land to do useful work including reforestation, swampe drainage, flood control, and trail building
Federal Emergency Relief Act (FERA)Led by social workers Harry Hopkins, this group dispersed payments to the states to pay for state-level work projects. It allocated $500 million to reliieve cities and states
National Industrial Recovery Act (NIRA)Focused on fighting unemployment and regulating unfair business practices; pumped money into the job market and created codes of ethics for business
Civilian Works Administration (CWA)A make-work program created to ease suffering during the winter of 1933-34
Farm Credit Administrationdesigned to help rural Americans refinance their farmland; also helped to restore the livelihood that was missing in agriculture
Home Owners Loan Corporation (HOLC)Provided money to non-farm homes, and was aimed at helping the middle class
Public Works Administration (PWA)Headed by Herald Ickes, the Secretary of Interior, the PWA was a governmental agency that spent 4 billion on 34,000 public works projets including dams, bridges, and public buildings
Tennessse Valley Authority (TVA)Pushed for by Senator George Norris, it was a governmental agency that ruled several federal programs of building dams, the construction of hydroelectric dams, and controlling floods. Curtailed with nuclear plants were introduced
Rural Electrification Administration (REA)agency that provided low-interest loans to utility companies and farms' cooperatives to reach the 90% of rural farmers who lacked electrical power
Works Progress AdministrationLed by Harry Hopkins; build roads, bridges, schools, etc. included the FEDERAL ARTS PROJECT, which created positions for artists by making positions for art teachers and decorating posts for offices and courthouses with murals
Wagner Act1935- defined unjust labor practices, secured workers the right to bargain collectively, and established the National Labor Relations Board. Catalyzed the force of unionization
National Labor Relations BoardOversaw the Wagner Act; controlled the secret ballot elections during collective bargaining and managed the complaints of unfairness by the employers or unions
Fair Labor Standards ActUndermined the South's competitive edge; establisehd a minimum wage; created a 44 hour workweek; banned child labor
Social Security Act1935- supported old-age advantages; expanded to include dependent, the disabled
Reconstruction Finance Corp (RFC)(Hoover) Created under the presidency of Herbert Hoober, the RFC was designed to give out loans to banks, railroads, and monopolistic companies in order to pump money back into the economy during the years of the Depression
Federal Home Loan Act(Hoover) 1931 - Home oan Board created banks to handle home mortgages; provided money to homeowners that needed loans
National Credit Corporation(Hoover) Got the largest banks in the country, at that time, to provide lending agencies that would be able to give banks, on the brink of foreclosure, money that could be used for loans
Emergency Committee for Employment(Hoover) 1930- Coordinated efforts between other agencies in order to provie relief for the massive unemployed



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