FDR’s Presidency

About Me:  32 nd President of the United States  Democratic Party  Came from wealth  Governor of New York  Political and leadership experience  1921 contracted Polio and would eventually leave him paralyzed  Inaugurated March 4 th, 1933  Assured Americans that they had nothing to fear

Bank Holiday  March 6 th, 1933: FDR enacted a four day Bank Holiday, where all banks in America were shut down or closed  Closed all banks to prevent American’s from taking more money from the banking system  Emergency Banking Act  Gave FDR and Treasury Dept the power to allow only banks that were in good shape to reopen and provided assistance to the others  Banks reopened and Americans deposited more than they withdrew ending the banking crisis

Fireside Chat  An informal radio show hosted by FDR to keep the American people informed about the problems facing America and FDR’s plan to combat them.  These radio shows were informal, friendly, and easily understandable to the average American  “My friends…”  Revolutionized the way Presidents interact and talk to the public; dominated the media  1 st fireside chat: March 12 th, 1933

Hundred Days  March 9 th 1933: FDR immediately begins working on solutions to the Great Depression  FDR and Congress passed 15 bills in this time period  Formed the basis for the New Deal  Tightened bank regulations, set up depositor insurance, created Public Works projects, created job opportunities, provided relief to farmers, ended prohibition, and got rid of the gold standard  All aimed to achieve 3 main goals or 3 R’s  Relief, Recovery, and Reform

FDR’s 3 R’s: 1.Relief: provide temporary aid to the poor and unemployed  CCC and WPA set up Public Works Projects and jobs  Social Security Act 2.Recovery: help industries and businesses bounce back and to help stimulate the economy  AAA and NIRA, which created the NRA 3.Reform: change how government works to prevent this crisis from ever happening again  FDIC and SEC

New Deal  FDR’s liberal agenda to create Federal programs and organizations to help Americans and the economy recover from the depression, as well as change how government regulates the economy  First New Deal: starts with the Hundred Days (1933)  Aimed at getting people back to work and regulating the banking system  Second New Deal: 1935  Social Security Act: provided workers with unemployment insurance and retirement benefits  Again aimed to help create jobs and it also protected and gave laborers more rights

New Deal Programs  Federal Emergency Relief Administration (FERA)  Public Works Administration (PWA)  Agricultural Adjustment Administration (AAA)  Tennessee Valley Authority (TVA)  Civilian Conservation Corps (CCC)  Federal Deposit Insurance Corporation (FDIC)  National Recovery Administration (NRA)  Works Progress Administration (WPA)  National Youth Administration (NYA)  Wagner Act  Social Security Act