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Federal Deposit Insurance Company In 1932 Franklin D. Roosevelt was elected president mainly on his campaign for the New Deal. Upon being elected, Roosevelt worked quickly in revealing his New Deal, which was a number of reforms addressing the horrific effects of the Great Depression. Unlike his predecessor, Herbert Hoover, Roosevelt felt as if the government needed to help and support the people when they needed it most. Together with his "brain trust," a group of university scholars and theorists, Roosevelt looked for the best course of action for the struggling nation. Congress gave him the power to pass pretty much any kind of bill he wanted. During the first 100 days of his presidency, a never-ending stream of bills was passed to relieve the povert