Events with tag - Roosevelt Administration

October 29, 1929

The Great Depression Peak Unemployment

The Great Depression reached its devastating peak in 1933 with an unprecedented 24.9% unemployment rate, leaving 15 million Americans jobless in the worst economic crisis of modern history.

March 9, 1933

Emergency Banking Act

The Emergency Banking Act of 1933 was a landmark legislation passed during the Great Depression that gave the federal government and Federal Reserve expanded powers to stabilize the failing banking system and restore public confidence.

June 16, 1933

Glass-Steagall Act

The Glass-Steagall Act of 1933 was a groundbreaking financial regulation that separated commercial and investment banking in response to the 1929 stock market crash. It established the FDIC and remained in effect until 1999.

June 18, 1934

Indian Reorganization Act

The Indian Reorganization Act of 1934 was a pivotal legislation that ended the destructive allotment era and restored Native American tribal sovereignty. It provided framework for tribal self-governance, land restoration, and cultural preservation.

August 29, 1935

Federal Art Project Launch

The Federal Art Project (FAP) was launched as a groundbreaking government initiative that employed over 10,000 artists and created more than 200,000 artworks during the Great Depression. This revolutionary program marked the first large-scale federal support system for artists in American history.

September 1, 1937

Farm Security Administration Establishment

The Farm Security Administration (FSA) was created through Executive Order 7530 to replace the Resettlement Administration, focusing on combating rural poverty and supporting struggling farmers during the Great Depression.

July 26, 1941

US Oil Embargo Against Japan

President Franklin D. Roosevelt issued an executive order implementing a complete oil embargo against Japan and freezing Japanese assets in the United States. This action was taken in response to Japan's military expansion in Asia and occupation of French Indochina.