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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 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 $12.1 billion in 2024) 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]
In 1935, the Federal Emergency Relief Administration created an experimental farming community known as the Matanuska Valley Colony as part of the New Deal resettlement plan. [1] Situated in the Matanuska Valley , about 45 miles northeast of Anchorage, Alaska , the colony was settled by 203 families from Minnesota , Wisconsin and Michigan . [ 2 ]
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.
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.
Federal Emergency Relief Administration camp for unemployed women in Maine (1934) The She-She-She Camps were camps in the United States for unemployed women. The camps were organized by Eleanor Roosevelt as a female counterpart to the Civilian Conservation Corps (CCC) programs designed for unemployed men. Roosevelt found that the men-only focus ...
The Federal Housing Finance Board (FHFB) was created as an independent agency to take the place of the FHLBB, i.e. to oversee the 12 Federal Home Loan Banks (also called district banks) that represent the largest collective source of home mortgage and community credit in the United States.