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The First New Deal (1933–1934) dealt with the pressing banking crisis through the Emergency Banking Act and the 1933 Banking Act.The Federal Emergency Relief Administration (FERA) provided US$500 million (equivalent to $11.8 billion in 2023) for relief operations by states and cities, and the short-lived CWA gave locals money to operate make-work projects from 1933 to 1934. [2]
Franklin D. Roosevelt in 1933. The Homeowners Refinancing Act (also known as the Home Owners' Loan Act of 1933 and the Home Owners' Loan Corporation Act) was an Act of Congress of the United States passed as part of Franklin Delano Roosevelt's New Deal during the Great Depression to help those in danger of losing their homes. [1]
The National Housing Act of 1934, H.R. 9620, Pub. L. 73–479, 48 Stat. 1246, enacted June 27, 1934, also called the Better Housing Program, [1] was part of the New Deal passed during the Great Depression in order to make housing and home mortgages more affordable. [2]
Three Cheers for the Unemployed: Government and Unemployment before the New Deal (1992) excerpt and text search; Singleton, Jeff. The American Dole: Unemployment Relief and the Welfare State in the Great Depression (2000) Sternsher, Bernard (1964). Rexford Tugwell and the New Deal. Brunswick, New Jersey: Rutgers University Press. OCLC 466310 ...
Passed the House on May 23, 1933 (262-19) Passed the Senate with amendment on May 25, 1933 (voice vote) Reported by the joint conference committee on June 12, 1933; agreed to by the Senate on June 13, 1933 (voice vote) and by the House on June 13, 1933 (191-6) Signed into law by President Franklin Delano Roosevelt on June 16, 1933
The "Second New Deal" is the designation historians use for the dramatic domestic policies passed during the last two years of Roosevelt's first term. Unlike his efforts in the first two years to be inclusive of all established interest groups, Roosevelt moved left and focused on helping labor unions, poor farmers, and the unemployed.
The alphabet agencies, or New Deal agencies, were the U.S. federal government agencies created as part of the New Deal of President Franklin D. Roosevelt. The earliest agencies were created to combat the Great Depression in the United States and were established during Roosevelt's first 100 days in office in 1933.
In his first 100 days Roosevelt pushes through a series of dramatic economic programs known as the New Deal. [4] The major metropolitan newspapers generally opposed the New Deal, as typified by William Randolph Hearst and his chain (Hearst had supported Roosevelt in 1932, but he parted ways in 1934. [5]