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National Labor Relations Board
Defined unfair labor practices and established the National Labor Relations Board (NLRB) to settle disputes between employers and employees. -
Tennessee Valley Authority
President Roosevelt signed the Tennessee Valley Authority Act on May 18, 1933, creating the TVA as a Federal corporation. The new agency was asked to tackle important problems facing the valley, such as flooding, providing electricity to homes and businesses, and replanting forests. Other TVA responsibilities written in the act included improving travel on the Tennessee River and helping develop the region’s business and farming. -
Federal Deposit Insurance Corporation
Created on June 16, 1933, under the authority of the Federal Reserve Act, section 12B (12 U.S.C.A. § 264(s)). It was signed into law by President Franklin D. Roosevelt to promote and preserve public confidence in banks at the time of the most severe banking crisis in U.S. history. -
Civil Works Administration
Devised as a wide-scale program that could employ up to 4 million people, the C.W.A was involved in the building of bridges, schools, hospitals, airports, parks and playgrounds; Funds went toward the repair and construction of highways and roads. Early in 1934, Congress authorized $950 million for the continued operation of the C.W.A. -
Security and Exchange Commission
The act, passed in 1934, created the Securities and Exchange Commission (SEC), as a market watchdog. The SEC is part of the federal government and oversees brokerage firms and self-regulatory organizations like the New York Stock Exchange or the National Association of Securities Dealers, which runs NASDAQ. The act authorizes the SEC to collect information periodically from companies with publicly traded securities. -
Federal Housing Authority
Provides mortgage insurance on loans made by FHA-approved lenders throughout the United States and its territories; Insures mortgages on single family and multifamily homes including manufactured homes and hospitals. It is the largest insurer of mortgages in the world, insuring over 34 million properties since its inception in 1934. -
Social Security Act
Provided a pension for retired workers and their spouses and aided people with disabilities. -
Food, Drug and Cosmetic Act
Congress passed the Federal Food, Dug, and Cosmetic Act (FDCA) in 1938. The FDCA set up the Food and Drug Administration (FDA) to enforce the Act. The goals of the FDCA were to assure that foods are pure and safe to eat, that drugs and medical devices are safe and effective, and that cosmetics are safe. The FDCA banned adulterated and misbranded food from interstate commerce.
