New Deal/Addendum

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Revision as of 15:27, 20 February 2009 by imported>Nick Gardner (→‎New Deal measures and institutions)
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This addendum is a continuation of the article New Deal.

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 1933: Created the Federal Deposit Insurance Corporation. Separated commercial banking from investment banking, establishing them as separate lines of commerce.
  • 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 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 Emergency Relief Act 1933. Created the Federal Emergency Relief Administration.
  • 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 Recovery Administration (NRA), 1933: Awarded "blue eagle" status to businesses that accepted a "Code of Fair Competition" that incuded restrictions upon competition and collusion to control wages and prices;
  • Securities Act of 1933, created the Securities and Exchange Commission. Set standards for the sale and purchase of stock.
  • Social Security Act (SSA), 1935: provided financial assistance to: elderly, handicapped, funded by employee and employer payroll contributions.
  • 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.