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FERA made welfare payments to Southern tenant farmers 1933–35, with the distribution of money across states and counties was strongly influenced by state governments and the influential planter class. Their interests rested mainly in not allowing federal welfare to undermine their authority and the economic structure that favored landowners.
Despite the word "emergency", this act was created to address a long-term problem. [7] He asked Congress for $4.88 billion [8] – two thirds would go to finance work relief, and the rest would end the Federal Emergency Relief Administration, the work program created by Roosevelt in 1933 which replaced the Civil Works Administration. [9]
The Fraud Enforcement and Recovery Act of 2009, or FERA, Pub. L. 111–21 (text), S. 386, 123 Stat. 1617, enacted May 20, 2009, is a public law in the United States enacted in 2009. The law enhanced criminal enforcement of federal fraud laws, especially regarding financial institutions , mortgage fraud , and securities fraud or commodities fraud.
They worked to cover food costs (taken from the $5), lodging and medical care. The camps were operated on a year-round basis and eligibility for NYA (National Youth Administration) employment was a requirement. (The NYA took over from the TERA in 1936 in administering FERA (Federal Emergency Relief Administration)).
Created the Tennessee Valley Authority in 1933 to create a hydroelectric project on the Tennessee River. Created the National Recovery Administration in order to regulate competition amongst businesses (declared unconstitutional in 1935). Created the Federal Emergency Relief Administration in order to create state and local jobs.
Red Rocker Sammy Hagar has been a longtime car collector and reluctantly sold his Ferrari LaFerrari that cost $1.4 million when new at auction.
Roosevelt transferred the Federal Emergency Relief Administration land program to the Resettlement Administration under Executive Order 7028 on May 1, 1935. [3] However, Tugwell's goal of moving 650,000 people from 100,000,000 acres (400,000 km 2) of agriculturally exhausted, worn-out land was unpopular among the majority in Congress. [4]
FERA was introduced at a time when foreign exchange (Forex) reserves of the country were low, Forex being a scarce commodity. FERA therefore proceeded on the presumption that all foreign exchange earned by Indian residents rightfully belonged to the Government of India and had to be collected and surrendered to the Reserve Bank of India (RBI ...