New Deal/Addendum

New Deal measures and institutions

(For the sequence of New Deal legislative measures, see the New Deal Timelines subpage [[1]]).

(For an index of New Deal executive orders see Executive Orders, Proclamations, Memoranda Issued by President Franklin D. Roosevelt, 1933-1945 [2])

• Agricultural Adjustment Acts (AAA), 1933 and 1938: raised farm prices by restricting the output of major crops.

• Banking Act of 1933: Created the Federal Deposit Insurance Corporation. Separated commercial banking from investment banking, establishing them as separate lines of commerce.

• Banking Act of 1935: Reorganized control of the monetary system, centralizing power in the hands of the Board of Governors of the Federal Reserve System and the Federal Open Market Committee.

• Civilian Conservation Corps (CCC), 1933: Employed young men to perform unskilled work in rural areas; under Army supervision,

• Civil Works Administration (CWA), 1933-34: provided temporary jobs to the unemployed.

• Economy Act, 1933: An attempt to balance the federal budget. Cut the salaries of government employees and reducing pensions to veterans (by up to 15 percent). Cut the budgets of government departments by 25 percent.

• Emergency Banking Relief Act, 1933. Provided for the reopening of those banks that examiners find to be financially secure (after the 4-day "banking holiday".

• Emergency Farm Mortgage Act, 1933. Provided for refunding and revising the operations of the Federal Land Bank associations to meet the problems of farm foreclosures and debt defaults.

• Emergency Relief Appropriation Act 1935

• Farm Security Administration (FSA) Created as a replacement for the Resettlement Agency in 1937, the Farm Security Administration operated programmes to relieve rural poverty.

• Federal Deposit Insurance Corporation[3] (FDIC) Insures deposits in banks. Supervises the thrifts and the banks that are not members of the Federal Reserve System and resoves bank failures.

• Federal Emergency Relief Act 1933. Created the Federal Emergency Relief Administration.

• Federal Emergency Relief Administration (FERA) gave grants to states to operate relief projects for the unskilled.

• Federal Housing Administration (FHA)[4].

• Glass-Steagall Act 1933: See Banking Act.

• Gold Reserve Act 1934: Ordered the Federal Reserve banks to turn over their gold reserves to the . Treasury. Authorized the President to devalue the dollar and suspend compliance with the gold standard.

• Home Owners Refinancing Act. 1933 Provided mortgage assistance for house purchases.

• Indian Reorganization Act, 1934.

• National Planning Board, also called the National Resources Planning Board (NRPB), provided planning recommendations and information.

• National Labor Relations Act (NLRA) / Wagner Act, 1935: Made wage and working conditions negotiatons with trades unions compulsory.

• National Labor Relations Board. Had responsibility for the legal enforcement of the National Labor Relations Act'

• National Industrial Recovery Act (NIRA) 1933: Suspended Antitrust Law. Created the National Recovery Administration.

• National Recovery Administration (NRA), 1933-35: Awarded "blue eagle" status to businesses that accepted a "Code of Fair Competition" that included restrictions upon competition and collusion to control wages and prices.

• Public Works Administration (PWA), 1933: built large public works projects [5].

• Reconstruction Finance Corporation made loans to corporations.

• Resettlement Administration (RA) 1935-37: Created by Presidential Executive Order 7027 in 1935, The Resttlement Administration operated programmes to relieve rural poverty. In 1937, it was incorporated into the Department of Agriculture and renamed the Farm Security Administration.

• Rural Electrification Administration (REA).

• Securities Act of 1933, created the Securities and Exchange Commission. Set standards for the sale and purchase of stock.

• Securities and Exchange Commission (SEC) [6] Regulates securities firms, brokers, investment advisers, and ratings agencies; .

• Social Security Act (SSA), 1935: provided financial assistance to: elderly, handicapped, funded by employee and employer payroll contributions.

• Tennessee Valley Authority (TVA), 1933: built dams to generate electricity on the Tennessee River, [7].

• United States Housing Authority, 1937 cleared slums.

• Works Progress Administration (WPA), 1935: Instituted by Presidential executive order under the Emergency Relief Appropriation Act of April 1935, to generate public jobs for the unemployed.