The Federal Deposit Insurance Corporation was established in 1933
as an independent agency by the Federal Reserve / Glass Stagall Act (48
Stat. 162) to insure the deposits of approved banks against loss in the
event of bank failure. In return for banks meeting stringent regulations,
depositor’s funds were insured up to $5000 each. Banks can apply for
inclusion. The FDIC acts as receiver for all national banks and some
state banks placed in receivership.
The Security and Exchange Commissionwas established by Congress as an independent,
nonpartisan regulatory agency, designed to restore the stability of the stock
market after the crash of October 1929 and to prevent corporate
abuses relating to the offering and sale of securities.
The Federal Communications Commissionwas established by the Communications Act of
1934 (48 Stat. 1064) to regulate interstate and foreign communications by
telephone, telegraph, cable and radio. It replaced the Federal Radio
Commission. From the Interstate Commerce Commission the FCC assumed regulation
of telephone, telegraph, and cable companies; from the Department of State it
assumed licensing of submarine cable operators. As new communication
technologies are created they are absorbed into the responsibilities of the
FCC.The Federal Communications Commission was established as an
independent agency by the Comm
§There are nearly 500 listings in OPA. (National Archives Online Public Access)
The Central Statistical Board was established by EO 6225, July
27, 1933, under authority of the National Industrial Recovery Act (48 Stat.
195), June 16, 1933to coordinate federal and other statistical services.
It was absorbed into Division of Statistical Standards, Budget Bureau in
1939 Records include reports from CWA and other programs.