FDR’S First Hundred Days FDR pushes programs through Congress to provide relief, create jobs, and stimulate economic recovery “Bank Holiday” – ordered all banks to close for four days to pass the Emergency Banking Act – gov’t inspected financial health of banks Federal Deposit Insurance Corporation (FDIC) 1933 – insures all bank deposits up to $5,000 Securities and Exchange Commission (SEC) 1934 – created to regulate the stock market and protect investors from dishonest trading practices Took America off the gold standard to devalue our money – wanted to raise farm prices and stimulate exports

Civil Works Administration (CWA) 1933 – put unemployed to work building roads, parks, airports, and other facilities Civilian Conservation Corps (CCC)1933 – put young unmarried men to work maintaining forests, beaches and parks – received food, housing and medical care National Recovery Administration (NRA) 1933 – attempted to stabilize the economy, regulated wages, controlled working conditions, production and prices, declared unconstitutional by the Supreme Court Federal Housing Administration (FHA) 1934 – improve housing standards and conditions, insured mortgages and stabilized mortgage market Agricultural Adjustment Administration (AAA) 1933 – tried to raise the price of crops by telling farmers to lower farm output, declared unconstitutional by Supreme Court Tennessee Valley Authority (TVA) 1933 – reactivated a hydroelectric power facility – provided cheap electricity, controlled flooding and provided recreational opportunities

Federal Emergency Relief Act (FERA) 1933 – provided funds to state relief agencies Home Owners Loan Corporation (HOLC) 1933 – provided low cost mortgage refinancing to homeowners facing foreclosure Public Works Administration (PWA) 1933 – sponsored massive public works projects such as dams and hydroelectric plants Works Progress Administration (WPA) 1935 – gave the unemployed work in building construction and arts programs National Labor Relations Board (NLRB) 1935 – enforced provisions in the Wagner Act, which included the right to collective bargaining and other union rights National Youth Administration NYA) 1935 – provided education, jobs, recreation and counseling to youth ages 16 to 25 Rural Electrification Administration (REA) 1935 – provided loans for building power plants, extending power lines to rural areas and wiring homes

Cliff BerrymanCliff Berryman, Washington Evening Star (1938)