The New Deal was a 1933β1938 series of economic, social, and political reforms in response to the Great Depression in the United States under President Franklin D. Roosevelt. He introduced the phrase when accepting the Democratic Party presidential nomination in the 1932 United States presidential election, winning in a landslide over incumbent Herbert Hoover, whose administration was widely viewed as ineffective. Roosevelt attributed the Depression to inherent market instability and inadequate aggregate demand, and argued that stabilizing and rationalizing the economy required massive government intervention.
New Deal: U.S. President Franklin D. Roosevelt signs the Securities Exchange Act of 1934 into law, establishing the U.S. Securities and Exchange Commission.
On June 6, in the year 1934, New Deal: U.S. President Franklin D. Roosevelt signs the Securities Exchange Act of 1934 into law, establishing the U.S. Securities and Exchange Commission. This event is recorded as a Historical Events event in the history of June 6, a notable event in this corner of history.
Key Facts
- This event took place on June 6, 1934 (AD era).
- It is categorised as a Historical Events event in recorded history.
- Referenced in 4 Wikipedia articles.
- Wikipedia source last updated on 4 June 2026.
On This Date in History
This article draws on content from Wikipedia, available under CC BY-SA 4.0.
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