emergency banking relief act
passed five days after taking office march 1933
passed in response to the thousands of banks that closed down
passed four days after fdr announced the bank holiday
ened the bank runs
federal deposit insurance corporation
created by the glass steagall act in 1933
insured people money in banks up to 1000
passed in response to the bank failures after the stock market crash
insures money in saving and checking accounts money market accounts and cds
does not insure stock bonds mutual funds
banking act of 35
Made the FDIC a permanent agency
federal securities act
passed in 1933
made the stock market a safer place for people to invest their money
securities and exchange commission
this organization regulates the stock market making the market more secure
some say fdr went to far spent too much money
others say he didn't do enough he needed to do more
REA
brought power to the country side
TVA
made dams to prevent flooding
brought energy to surrounding area
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