The law was the first major federal relief measure of the Great Depression, marking a significant shift toward federal intervention to provide loans for relief and public works to combat unemployment and stimulate the economy.
President Hoover signed the Emergency Relief and Construction Act, authorizing federal loans for public works and emergency relief and expanding the Reconstruction Finance Corporation's lending powers.
The law was the first major federal relief measure of the Great Depression, marking a significant shift toward federal intervention to provide loans for relief and public works to combat unemployment and stimulate the economy.
No source references have been added for this event yet.
Trump outlined new demands for a sanctions bill targeting Iran and Russia.
The Trump administration is requesting more funding for events commemorating the Freedom 250 initiative.
Trump allowed a bipartisan housing bill to become law without his signature.
Bipartisan senators reach a deal with the Trump administration to advance a Russia sanctions bill.