A-E
When was the Agricultural Adjustment Act established and what is one fact about it?
The AAA was established in May 1933.
Roosevelt initiated this act because he was familiar with Georgia's economy due to his frequent visits to Warm Springs.
https://w ww.georgiaencyclopedia.org/articles/business-economy/agricultural-adjustment-act/
When was the Fair Labor Standards Act established and what is one fact about it?
The FLSA was established in June 1938.
The FLSA provides workers with minimum wage, overtime pay, and child labor protections.
When was the Food, Drug, and Cosmetic Act established and what is one fact about it?
The Food, Drug, and Cosmetic Act was established in June 1938.
The FDA (Food and Drug Administration) had authority to regulate medical devices and cosmetics, and to establish standards for foods.
When was the National Industry Recovery Act established and what is one fact about it?
The NIRA was established in June 1933.
Roosevelt appointed Hugh S. Johnson as administrator for the NIRA and more than 500 codes of fair practice were adopted for various industries under his leadership.
When was the Rural Electrification Act established and what is one fact about it?
The REA was established in May 1936.
This act is considered one of the most important pieces of legislation passed as part of the New Deal, and it is said to be similar to the Homestead Act created by Abraham Lincoln 74 years later.
When was the Banking Act of 1935 established and what is one fact about it?
The Banking Act of 1935 was established in August 1935.
The act authorized the Board of Governors to set reserve requirements and interest rates for deposits at member banks.
When was the Farm Security Administration established and what is one fact about it?
The FSA was established in September 1937.
The original mission was to relocate entire farm communities to more profitable areas, but resettlement was so controversial that other roles soon became more important.
https://www.fsa.usda.gov/about-fsa/history-and-mission/agency-history/index
When was the Glass Steagall Act established and what is one fact about it?
The GSA was established in June 1933.
The GSA effectively separated commercial banking from investment banking and created the Federal Deposit Insurance Corporation.
When was the National Recovery Administration established and what is one fact about it?
The NRA was established in June 1933.
The NRA legalized collective bargaining and exempted businesses from anti-trust laws that barred anticompetitive practices.
When was the Securities Exchange Act established and what is one fact about it?
The SEA was established in June 1934.
The act primarily regulates transactions of securities in the secondary market, where investors purchase securities from other investors rather than from issuing companies.
https://www.law.cornell.edu/wex/securities_exchange_act_of_1934
When was the Civilian Conservation Corps established and what is one fact about it?
The CCC was established in April 1933.
The CCC planted more than 3 billion trees and constructed trails and shelters in more than 800 parks nationwide.
https://www.history.com/topics/great-depression/civilian-conservation-corps
When was the Federal Deposit Insurance Corporation established and what is one fact about it?
The FDIC was established in June 1933.
Since the FDIC has begun insuring deposits, no depositor has lost a single penny of FDIC-insured funds.
https://www.fdic.gov/news/fact-sheets/crypto-fact-sheet-7-28-22.html
When was the Home Owners Loan Corporation established and what is one fact about it?
The HOLC was established in June 1933.
Homeowners would apply to HOLC to refinance their existing loans through one of the 458 local offices around the country.
https://www.americanprogress.org/article/learning-from-the-past/
When was the National Youth Administration established and what is one fact about it?
The NYA was established in June 1935.
The NYA provided work training based on U.S. citizenship and financial need for youth between ages sixteen and twenty five.
https://www.okhistory.org/publications/enc/entry?entry=NA014
When was the Social Security Act established and what is one fact about it?
The SSA was established in August 1935.
Taxes were collected for the first time in January 1937 and the first one-time, lump sum payments were made that same month.
When was the Civil Works Administration established and what is one fact about it?
The CWA was established in November 1933.
The CWA spent $200 million a month and gave jobs to 4 million people even though the administration ended less than a year later.
https://www.peoplesworld.org/article/today-in-labor-history-fdr-unveils-civil-works-administration/
When was the Federal Emergency Relief Act established and what is one fact about it?
The FERA was established in May 1933.
By the end of December 1935, the FERA had distributed over $3.1 billion and employed more than 20 million people.
When was the Indian Reorganization Act of 1934 established and what is one fact about it?
The Indian Reorganization Act of 1934 was established in June 1934.
The IRA gave Native Americans in the United States greater control over their lands and allowed them to form legally recognized tribal governments.
https://www.history.com/this-day-in-history/indian-reorganization-act-signed-into-law-fdr
When was the Public Utilities Holding Corporation established and what is one fact about it?
The PUHC was established in August 1935.
The PUHC was enacted by Congress in response to the "shady" business practices of huge utility holding companies during the 1920s and early 30s.
https://www.ucsusa.org/resources/public-utility-holding-company-act
When was the Tennessee Valley Authority established and what is one fact about it?
The TVA was established in May 1933.
The TVA covered a seven state area including parts of Tennessee, Alabama, Mississippi, Kentucky, Georgia, North Carolina, and Virginia.
https://www.history.com/topics/great-depression/history-of-the-tva
When was the Emergency Banking Relief Act established and what is one fact about it?
The EBRA was established in March 1933.
In Roosevelt's first fireside chat, he stated, "I can assure you that it is safer to keep your money in a reopened bank than under the mattress," in an attempt to make the EBRA successful.
https://www.federalreservehistory.org/essays/emergency-banking-act-of-1933
When was the Federal Housing Administration established and what is one fact about it?
The FHA was established in June 1934.
The FHA provides mortgage insurance to lenders on both single-family dwellings and multifamily dwellings.
When was the National Labor Relations Act established and what is one fact about it?
The NLRA was established in July 1935.
The NLRA protects most employees whether the workplace is unionized or non-unionized.
When was the Public Works Administration established and what is one fact about it?
The PWA was established in June 1933.
From 1933 to 1939, Secretary of Interior Harold Ikes directed the PWA and hired an expert team of engineers who had worked with the Federal Government during the Hoover administration.
https://northcarolinahistory.org/encyclopedia/public-works-administration/
When was the United States Housing Authority established and what is one fact about it?
The USHA was established in September 1937.
The USHA provided $500 million in loans for low-costing housing projects across the country.