New Deal Legislation and Programs Cheat Sheet Emergency Banking Act: provided funds to aid financial institutions Glass Stegall Act: barred commercial banks from buying and selling of stocks (wasn’t repealed until the 1990s) Federal Deposit Insurance Corporation: insured accounts of individual depositors Section 7A: recognized workers rights to organize unions Economy Act: reduced federal spending Federal Emergency Administration (FERA): gave grants to local agencies that helped people affected by Depression Civilian Conservation Corps (CCC): gave unemployed young men jobs working on projects like forest preservation, flood control, and national parks Public Works Administration (PWA): built roads, schools, hospitals, and other public facilities Tennessee Valley Authority (TVA): built series of dams to prevent floods and deforestation, provide cheap electric power for homes & factories Home Owners Loan Corporation & Federal Housing Administration (FHA): insured millions of long term mortgages issued by private banks and built thousands of low rent housing 21st Amendment: repealed prohibition Federal Communication Corp (FCC): oversaw nation’s broadcast airwaves and telephone communications Security Exchange Commission (SEC): regulate the stock and bond markets Wagner Act: Labor Magna Carta, had National Labor Relations Board Supervise elections for employees voting for union representation at work, outlawed firing and blacklisting of union organization New Deal Coalition: those who supported FDR. He had strong backing of organized labor, southern whites & northern black voters, Protestant farmers & urban Catholic & Jewish ethnics, industrial workers and middle class home owners Popular Front: period when Communist Party sought to ally itself with socialists and New Dealers in movements for social change urging reform of the capitalist system rather than revolution Smith Act: made it a federal crime to “teach, advocate or encourage” the overthrow of government