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corporation insuring deposits in the United States against bank failure. Created to maintain public confidence and encourage stability in the financial system through the promotion of sound banking practices.
reduced agricultural production by paying farmers subsidies not to plant on part of their land and to kill off excess livestock.
It holds primary responsibility for enforcing the federal securities laws, proposing securities rules, and regulating the securities industry, the nation's stock and options exchanges, and other activities and organizations, including the electronic securities markets in the United States.
The largest and most ambitious American New Deal agency, employing millions of unemployed people (mostly unskilled men) to carry out public works projects, including the construction of public buildings and roads.
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