Presidential money moves: FDR

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Click a president on the timeline to find out how he impacted the U.S. financially. Think we left one out? Email us.

2008 - George W. Bush 1971 - Richard Nixon 1930 - Herbert Hoover 1965 - Lyndon B. Johnson 1933 - Franklin Delano Roosevelt 1816 - James Madison 1890 - Benjamin Harrison 1913 - Woodrow Wilson 1791 - George Washington

Franklin Delano Roosevelt

The New Deal

By 1933, deep into the Great Depression, President Roosevelt wanted to get Americans back to work, regulate stock markets and create safety nets for people.

During his first term, he signed into creation the New Deal’s biggest program, the Works Progress Administration. It spent an estimated $12 billion employing approximately 8.5 million people.

FDR proposed and signed bills to create many programs during the Great Depression, and a few still leave a big impact today. These include the Social Security Act, Federal Deposit Insurance Corp., Fair Labor Standards Act of 1938, which created the minimum wage, and Federal Crop Insurance Corp.