Several government-funded programs were created in the early thirties to aid economic and social dilemmas. The first of these acts was the Emergency Banking Act, which provided for federal bank inspections, and the Glass-Steagall Act provided insurance for depositors through the newly formed Federal Deposit Insurance Corporation, which restored confidence in the banks. Two acts, one in 1933 and one in 1934, ordered detailed regulations for the securities market, enforced by the new Securities and Exchange Commission (SEC). Several bills were passed that provided mortgage relief for farmers and homeowners, such as the Home Owners’ Loan Corporation (HOLC.) which not only bailed out mort

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