1. The New Deal

2. Franklin Delano Roosevelt (FDR)
Elected in 1932
Promised a “New Deal”… RELIEF, RECOVERY and REFORM

3. 1st 100 Days The First 100 Days The “Bank Holiday”
Closed all banks for a holiday
Only let the “sound banks” re-open
Restored people’s confidence in banks
Established the Federal Deposit Insurance Corporation (FDIC) to insure people’s investments

4. The First New Deal – Relief and Recovery
Formed the Federal Emergency Relief Administration (FERA)
The Civilian Conservation Corp (CCC) put young men to work maintaining forests, beaches and parks
The Public Works Administration (PWA) launched public projects such as building dams, bridges, etc.
The Securities and Exchange Commission (SEC) was developed to regulate the stock market

5. The Tennessee Valley Authority (TVA) created jobs for farmers and provided electricity to the area
The Agricultural Adjustment Administration (AAA) raised farm prices and lowered production
The Supreme Court eventually ruled the PWA and AAA Unconstitutional

6. The Second New Deal - Reform
The Works Progress Administration (WPA) improved playgrounds, schools and hospitals
The Farms Securities Administration (FSA) gave money to farmers and helped migrant workers
The National Labor Relations Act (NLRA), also called the Wagner Act, legalized collective bargaining and “closed shops”
The Social Security Act (SSA) gave pensions to the elderly, disabled and unemployed

7. Criticism of FDR Eleanor Roosevelt Packing the Supreme Court
Wanted to fill the court with more people favorable to his New Deal
Tried (unsuccessfully) to increase the court from 9 Justices to 15
Some New Deal programs put women and minorities at a disadvantage
Eleanor Roosevelt
Changed the role of the First Lady
Helped FDR
Traveled for her husband
Reported conditions to FDR
Openly advised FDR
Held press conferences