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The Federal Emergency Relief Administration (FERA) was a program established by President Franklin D. Roosevelt in 1933, building on the Hoover administration's Emergency Relief and Construction Act. It was replaced in 1935 by the Works Progress Administration (WPA).
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 Second New Deal is a term used by historians [1] to characterize the second stage, 1935–36, of the New Deal programs of President Franklin D. Roosevelt.The most famous laws included the Emergency Relief Appropriation Act, the Banking Act, the Wagner National Labor Relations Act, the Public Utility Holding Company Act, the Social Security Act, and the Wealth Tax Act.
The Emergency Banking Act helped put an end to a run on banks, while the 1933 Banking Act and the Securities Exchange Act of 1934 provided major reforms in the financial sector. To provide relief to unemployed workers, Roosevelt presided over the establishment of several agencies, including the Civilian Conservation Corps , the Public Works ...
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]
The Emergency Banking Act of 1933 was the government’s legislative response which shored up the people’s confidence in the U.S. banking and financial system.
Most of the spending came in two waves, one in 1933–1935 and another in 1938. Originally called the Federal Emergency Administration of Public Works, it was renamed the Public Works Administration in 1935 and shut down in 1944. [1] The PWA spent over $7 billion on contracts with private construction firms that did the actual work.
The Economy Act of 1933, officially titled the Act of March 20, 1933 (ch. 3, Pub. L. 73–2, 48 Stat. 8, enacted March 20, 1933, is an Act of Congress that cut the salaries of federal workers and reduced benefit payments to veterans, moves intended to reduce the federal deficit in the United States. [1]