Tuesday, March 1, 2011

New Federal Agencies

Women's Bureau 1920 & Children's Bureau 1913
Both in Department of Labor

Gave female reformers a national stage for social investigation and advocacy.




Federal Trade Commission (1914)


Empowered a presidentially appointed commission to watch industries engaged in interstate commerce. The commerce was expected to crush monopoly at the source by catching unfair trade practices, etc.



Federal Reserve (1913)

The Federal Reserve Board oversaw a nationwide system of twelve regional reserve districts, each with its own central bank. Guaranteed a substantial measure of public control.


Federal Farm Loan Act (1916)


Made credit available to farmers at low rates of interest.

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