Newdeal

The New Deal by Kaitlyn White

By Kaitlyn J White
  • Social Security Act

    Social Security Act

    -used to collect taxes on both employers and employees
    -helped not only edlerly, but also the blind, unemployed and dependent children
  • Federal Deposit Insurance Commission (FDIC)

    Federal Deposit Insurance Commission (FDIC)

    -improved consumer confidence in banking system
    -FDIC insurance originally limited to deposits up to $2500, today they are protected up to $250,000
  • Security Exchange Commission (SEC)

    Security Exchange Commission (SEC)

    -restored consumer confidence in securities market
    -Joseph P. Kennedy was the first chairman of the SEC
  • National Labor Relations Board (NLRB)

    National Labor Relations Board (NLRB)

    -enforced employee rights
    -Supreme Court rules the NLRB constitutional in 1935
  • Works Progress Administration (WPA)

    Works Progress Administration (WPA)

    -efforts to appease "Longites" who clamored for more direct assistance from fed government
    -put roughly 8.5 million Americans to work
  • Soil Conservation Service

    Soil Conservation Service

    -to sstudy and solve the problem of the nations eroding soil
    -performed surveys and developed flood control plans to prevent soil from being washed away
  • Federal Housing Authority (FHA)

    Federal Housing Authority (FHA)

    -provides mortgage insurance made by FHA-approved lenders
    -insures mortgages on single and multifamily homes including manufactured homes and hospitals
  • Federal National Mortgage Association (Fannie Mae)

    Federal National Mortgage Association (Fannie Mae)

    -purchase loans from private lenders
    -helped fuel the post-WWII housing boom