The New Deal President Franklin D Roosevelts New

The New Deal President Franklin D. Roosevelt’s New Deal programs stimulate the economy and the arts. The New Deal leaves a lasting, yet controversial mark on American government.

A New Deal Fights the Depression After becoming president, Franklin Delano Roosevelt uses government programs to combat the Depression.

http: //www. history. com/topics/new- https: //www. youtube. com/watch? v=h 5 Pls 1 Xc 3 bw deal/videos/the-new-deal Americans Get a New Deal A. Electing Franklin D. Roosevelt • Democrats nominate FDR • Dem. overwhelmingly win presidency, Senate, House B. Waiting for Roosevelt to Take Over • uses “Brain Trust, ” FDR to answer problems • New Deal — relief for needy, economic recovery, financial reform (3 R’s) Continued. . . NEXT

C. The Hundred Days • FDR first Hundred Days; over 15 major New Deal laws • Emergency Banking Relief Act (EBRA) permits Treasury Dept. to inspect banks - public confidence in banks revived D. Regulating Banking and Finance • Glass-Steagall Act establishes Federal Deposit Insurance Corporation - insures bank accounts, regulates banks • Federal Securities Act — companies must give all information on stocks • Securities and Exchange Commission (SEC) -regulate stock market • 21 st Amendment repeals prohibition by end of 1933

http: //www. schooltube. com/video/32 f 629 dca 1494667 bd 24/New%20 Deal%20 CCC, %20 AAA, %20 TVA- II. Helping the American People A. Rural Assistance • Agricultural Adjustment Act (AAA) raises food prices, lowers supply • Tennessee Valley Authority (TVA) creates jobs renovating, building dams B. Providing Work Projects • Civilian Conservation Corps (CCC) —public works jobs for young men • Public Works Administration (PWA) — money to states to create jobs • Civil Works Administration (CWA) builds rural schools, pays teachers Continued. . .

C. Promoting Fair Practices • NIRA establishes codes of fair practice for industries - creates National Recovery Administration (NRA) • NRA sets standards, prices, limits production D. Food, Clothing, and Shelter • Home Owners Loan Corporation (HOLC) gives loans to prevent foreclosures • Federal Housing Administration gives loans for mortgages, repairs • Federal Emergency Relief Administration (FERA) — direct relief to needy NEXT

https: //www. youtube. com/watch? v=a. Qazijq. Xs. CE III. The New Deal Comes Under Attack A. Opposition to the New Deal • Deficit spending —spending more money than government makes - funds New Deal B. The Supreme Court Reacts • SC declares NIRA, AAA unconstitutional • FDR “Court-packing bill”; Congress, press protest • Starting in 1937, justices retire; FDR appoints seven new ones In his second term President Franklin Delano Roosevelt threatened to add six more Supreme Court Justices to the court after many of the provisions to his New Deal were ruled unconstitutional in 5 -4 votes. Congress emphatically rejected the idea, and FDR dropped it when the court began voting his way.

https: //www. youtube. com/watch? v=nfu_p. Lb 0 sw. A C. Fiery Critics • Some conservative opponents form American Liberty League • Think New Deal violates respect for personal rights, property • Presidential hopeful, Senator Huey Long one of most famous critics of New Deal NEXT