Events in 1933

March 4, 1933

First Woman Cabinet Member

Frances Perkins made history by becoming the first female cabinet member in U.S. history when appointed as Secretary of Labor by President Franklin D. Roosevelt. Her 12-year tenure revolutionized American labor policy through major New Deal initiatives.

March 9, 1933

Launch of the First New Deal

President Franklin D. Roosevelt initiated the First New Deal, a comprehensive series of economic reforms and relief programs to combat the Great Depression. Within his first 100 days in office, FDR implemented 15 major pieces of legislation to stabilize banks, create jobs, and provide economic relief.

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.

March 31, 1933

Civilian Conservation Corps Establishment

The Civilian Conservation Corps (CCC) was established as a groundbreaking federal work program to combat the Great Depression, providing employment to millions of young men while preserving America's natural resources.

May 18, 1933

Tennessee Valley Authority Established

The Tennessee Valley Authority (TVA) was established as a federal corporation during the Great Depression to address poverty, flood control, and rural electrification across seven southeastern states.

June 16, 1933

Public Works Administration Creation

The Public Works Administration (PWA) was established as a crucial part of President Roosevelt's New Deal program, with an initial budget of $3.3 billion to combat the Great Depression through massive infrastructure projects and job creation.

June 16, 1933

FDIC Establishment

The Federal Deposit Insurance Corporation (FDIC) was created during the Great Depression as a crucial financial safeguard to restore confidence in the U.S. banking system. This landmark institution began insuring bank deposits on January 1, 1934, marking a fundamental shift in banking regulation.

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.