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Glass-Steagall Banking Act (1933) Created Federal Deposit Insurance Corporation to insure personal bank accounts Separated commercial from investment banking – The ‘Firewall.’ Federal Deposit Insurance Corporation (FDIC) (1933) Insured bank deposits against bank failure, up to a certain level.Securities Act (1933) & Securities Exchange Act (1934) Created Securities and Exchange Commission (SEC).Works Progress Administration (WPA) (1935) – Created by Executive Order to fund state and local public works projects.
Legislation for American Indians in Oklahoma and Native Alaskans (1936) Extended provisions of the Indian Reorganization Act to these areas. Emergency Banking Relief Act (1933) Gave the president emergency powers over the US banking system, under which he called a ‘bank holiday’ to allow evaluation of all banks and closure of insolvent ones.
Legalized industry collaboration for price controls and collective bargaining for labor.
Agricultural Adjustment Act (1933, Reauthorized 1938) Created Agricultural Adjustment Administration (AAA).
Social Security Act (1935) Created a national system of pensions, unemployment insurance and aid to mothers with children, and created Social Security Administration (SSA) to administer it.
Civilian Conservation Corps (CCC) (1933) Created under Emergency Conservation Act.