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The First New Deal (1933–1934) dealt with the pressing banking crisis through the Emergency Banking Act and the 1933 Banking Act.The Federal Emergency Relief Administration (FERA) provided US$500 million (equivalent to $11.8 billion in 2023) for relief operations by states and cities, and the short-lived CWA gave locals money to operate make-work projects from 1933 to 1934. [2]
The first major test of New Deal legislation came in Panama Refining Co. v. Ryan, [15] announced January 7, 1935. Contested in this case was the National Industrial Recovery Act, Section 9(c), in which Congress had delegated to the President authority "to prohibit the transportation in interstate and foreign commerce of petroleum ... produced or withdrawn from storage in excess of the amount ...
Roosevelt's implementation of his popular New Deal expanded the size and power of the federal government to an extent unprecedented in American history, and marked the beginning of political dominance by the Democratic Party that would remain largely unbroken until 1952. This period also began the ideological swapping of Democrats and ...
Roosevelt's inaugural cabinet included several influential Republicans, including Secretary of the Treasury William H. Woodin, a well-connected industrialist who was personally close to Roosevelt, Secretary of the Interior Harold L. Ickes, a progressive Republican who would play an important role in the New Deal, and Secretary of Agriculture ...
He had supported Roosevelt's foreign policy but was close to Senate isolationists like Burton K. Wheeler. [11] Roosevelt did not know Truman well, but he knew of the senator's leadership of the Truman Committee, and that he was a loyal supporter of the New Deal. Roosevelt suggested William O. Douglas but party officials countered by suggesting ...
The alphabet agencies, or New Deal agencies, were the U.S. federal government agencies created as part of the New Deal of President Franklin D. Roosevelt. The earliest agencies were created to combat the Great Depression in the United States and were established during Roosevelt's first 100 days in office in 1933. In total, at least 69 offices ...
The Age of Roosevelt, 3 vols, (1957–1960), the classic pro-New Deal history, with details on critics. Online at vol 2 vol 3; Smith, Richard Norton. An Uncommon Man: The Triumph of Herbert Hoover (1987) biography; Brandon Streaker. The Man and the Deal (1964) White, Graham J. FDR and the Press. 1979; Winfield, Betty Houchin. FDR and the News ...
As Governor of New York, Franklin D. Roosevelt had campaigned for the Presidency, in part, on a pledge to balance the federal budget. [4] [5] On March 10, 1933, six days after his inauguration, Roosevelt submitted legislation to Congress which would cut $500 million ($8.181 billion in 2009 dollars) from the $3.6 billion federal budget by eliminating government agencies, reducing the pay of ...