1933: allowed inspection of bank records; made "bank holiday", infuse money into bank with Reconstr. Finan. Corp.
Civilian Conservation Corps
1933: provided jobs to men between 17 and 25 for conservation of natural resources
Agricultural Adjustment Act
1933: tried to raise prices and limit farm production by paying farmers not to farm land; declared unconstitutional
Federal Emergency Relief Act
1933: provided work on projects such as building roads, airports, schools, playgrounds, parks
Tennessee Valley Act
1933: bought, built & operated dams, generated & sold electric power, flood contr., w/drew bad land from farming. Set up Tennessee Valley Authority (TVA) and used its power rates to regulate private rates (controversial)
1933: provided funding for farm mortgages
Glass-Steagall Banking Act
1933: estab. Federal Deposit Insurance Corp. (FDIC) to insure deposits in banks, thereby stabilizing system
National Industrial Recovery Act
1933: made public works administration., defined fair business practices, held unconstitut. in Schecter Poultry v. U.S.
1933: repeals Prohibition, gives power to States to regulate or prohibit alcohol
Good Neighbor Policy
1933: FDR policy of respect for Latin America, unlike Teddy Roosevelt's "Big Stick" and Taft's "Dollar Diplomacy"
Federal Housing Authority
1934: provided low-cost, long-term loans for modernizing old bldgs and building new ones
Gold Reserve Act
1934: nationalized gold, U.S. treasury took title to all gold, stored most at Ft. Knox, KY
Securities and Exchange Act
1934: establishes Securities Exchange Commission to regulate stock exchanges
Works Progress Administration
employed 8.5 million persons between 1935 and 1943 building public works
National Housing Act
1934: set up the Federal Housing Authority (FHA). This agency encouraged banks, building and loan associations, etc. to make loans for building homes, small business establishments, and farm buildings.
Schecter Poultry v. U.S.
1935: S. Ct. declares Nat'l Industrial Recovery Act unconstitutional because it delegated too much power to agency