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The Emergency Banking Relief Act was signed into law by President Roosevelt on March 9, 1933. The law was one of the first acts of the new administration and was designed to repair the nation’s crumbling bank system. Like some other New Deal legislation, this one was gestated by the Hoover Administration, which failed to take decisive action. -
The act established the Federal Emergency Relief Administration, a grant-making agency authorized to distribute federal aid to the states for relief. By the end of December 1935, FERA had distributed over $3.1 billion and employed more than 20 million people.
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The National Industrial Recovery Act of 1933 was a US labor law and consumer law passed by the 73rd US Congress to authorize the President to regulate industry for fair wages and prices that would stimulate economic recovery. -
The Glass-Steagall Act effectively separated commercial banking from investment banking and created the Federal Deposit Insurance Corporation, among other things. It was one of the most widely debated legislative initiatives before being signed into law by President Franklin D. Roosevelt in June 1933. -
The Securities Exchange Act of 1934 was created to govern securities transactions on the secondary market, after issue, ensuring greater financial transparency and accuracy and less fraud or manipulation. It also monitors the financial reports that publicly traded companies are required to disclose. -
Federal Housing Administration (FHA), agency within the U.S. Department of Housing and Urban Development (HUD) that was established by the National Housing Act on June 27, 1934 to facilitate home financing, improve housing standards, and increase employment in the home-construction industry in the wake of the Great Depression.
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The Works Progress Administration was an American New Deal agency, employing millions of job-seekers to carry out public works projects, including the construction of public buildings and roads. It was established on May 6, 1935, by presidential order, as a key part of the Second New Deal.
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On August 14, 1935, the Social Security Act established a system of old-age benefits for workers, benefits for victims of industrial accidents, unemployment insurance, aid for dependent mothers and children, the blind, and the physically handicapped.
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The Banking Act of 1935 gave the Board of Governors control over other tools of monetary policy. The act authorized the Board to set reserve requirements and interest rates for deposits at member banks. The act also provided the Board with additional authority over discount rates in each Federal Reserve district.
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Congress enacted the National Labor Relations Act in 1935 to protect the rights of employees and employers, to encourage collective bargaining, and to curtail certain private sector labor and management practices, which can harm the general welfare of workers, businesses and the U.S. economy.
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The Farm Security Administration was a New Deal agency created in 1937 to combat rural poverty during the Great Depression in the United States. It succeeded the Resettlement Administration. -
The Agricultural Adjustment Act was a United States federal law of the New Deal era designed to boost agricultural prices by reducing surpluses. The government bought livestock for slaughter and paid farmers subsidies not to plant on part of their land. -
The Fair Labor Standards Act of 1938 29 U.S.C. § 203 is a United States labor law that creates the right to a minimum wage, and "time-and-a-half" overtime pay when people work over forty hours a week. It also prohibits employment of minors in "oppressive child labor"