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Franklin D. Roosevelt The New Deal

Franklin D. Roosevelt The New Deal. The First 100 Days. The Cabinet. Harold L. Ickes. Secretary of the Interior. Head of the Public Works Administration (PWA) 3. Builds the “Hoover Dam”. Henry Morgenthau Jr. 1.Secretary of the Treasury (Democrat) 2. Responsible for :

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Franklin D. Roosevelt The New Deal

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  1. Franklin D. RooseveltThe New Deal The First 100 Days

  2. The Cabinet

  3. Harold L. Ickes • Secretary of the Interior. • Head of the Public Works Administration • (PWA) • 3. Builds the “Hoover Dam”

  4. Henry Morgenthau Jr. • 1.Secretary of the Treasury (Democrat) • 2. Responsible for : • WPA (Works Progress Adm) • CCC (Civilian Conservation Corps) • Social Security Act • Supports Labor Unions by backing the Wagner Act

  5. Frances Perkins • Supported the National Industrial Relations Act (NIRA) • Fair Labor Standards Act which creates; Minimum Wage, Overtime, Ends Child Labor, Supports Labor Unions • Democrat & First Women Cabinet Member

  6. Henry A. Wallace • Republican, Secretary of Agriculture. • Supports the Agricultural Adjustment Act (AAA)

  7. The Brain Trust Roosevelt’s “Unofficial Advisors”

  8. Emergency Banking Relief Act • 1. Roosevelt called Congress into session and declared a National Bank Holiday. • Designed to get money into the banks to establish trust in the banking system. • Takes U.S. off the Gold Standard with Executive Order 6102.

  9. Glass-Stegall Act • Separates Commercial Banks and Investment Banks • Creates FDIC: Federal Deposit Insurance Corporation • FDIC insures your money in the banks.

  10. The Securities & Exchange Commission • Regulates the Stock Market. • Created by Joseph P. Kennedy • No “Insider Trading” • Businesses must provide “prospectus” or information on a stock’s value. • No buying stock, “on margin”

  11. Federal Relief Administration (FERA) • Established in 1933 • The FERA administered over $500 million to states and cities for aid • The FERA also established the Civil Works Administration (CWA). • Replaced by WPA and SSA

  12. Civil Works Administration (CWA) • Temporary jobs for 4 million people. • Built: Roads, Schools, Aiports, Libraries. • 3. People were paid for shoveling snow, leaf-raking, filling pot holes.

  13. “Priming the Pump”

  14. Public Relief • The Public Works Administration (PWA) • The idea was to “pump prime” the economy by creating jobs for people • These jobs would increase employment, which would add to consumer purchasing, and then stimulate business. • The Works Progress Administration (WPA) • Provided 9 million jobs over the next eight years. • Built the bridges and roads on Route 9 • All of these jobs were created under the National Industrial Recovery Act (NIRA)

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