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The Tennessee Valley Authority is a government-owned corporation created by U.S. Code Title 16, Chapter 12A, the Tennessee Valley Authority Act of 1933.It was initially founded as an agency to provide general economic development to the region through power generation, flood control, navigation assistance, fertilizer manufacturing, and agricultural development.
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.
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]
Case history; Prior: Certiorari to the Circuit Court of Appeals for the Fifth Circuit, 78 F.2d 578: Holding; Congress did not abuse its power with the Tennessee Valley Authority, a government corporation established as part of the New Deal to improve the economy of the state.
In 1933 the project for the Muscle Shoals Bill became part of the New Deal's Tennessee Valley Authority (TVA). [8] Although a nominal Republican (which was essential to his seniority), Norris routinely attacked and voted against the Republican administrations of Warren G. Harding, Calvin Coolidge, and Herbert Hoover.
The Tennessee Valley Authority — which generates electricity for 10 million customers in Tennessee, Alabama, Mississippi, Kentucky, Georgia, North Carolina and Virginia — is overwhelming Black ...
Morgan's views on race greatly informed his actions as head of the Tennessee Valley Authority, leading him to exclude Black Americans from employment and housing opportunities offered to whites by the "New Deal" program. As a result, all-white towns such as Norris, Tennessee, came to characterize his vision for "model" communities.
TVA Sales Flat in First Quarter 2013, Revenues Consistent with Prior Year KNOXVILLE, Tenn.--(BUSINESS WIRE)-- The Tennessee Valley Authority reported Tuesday that electricity sales were relatively ...