Franklin Roosevelt and the New Deal Explained — Fexingo History

FDR's Gold Reserve Act and the Battle Over Gold

12 min · 15. juni 2026
episode FDR's Gold Reserve Act and the Battle Over Gold cover

Description

In 1933, President Franklin D. Roosevelt took the United States off the gold standard and signed the Gold Reserve Act, effectively nationalizing gold and devaluing the dollar. This episode of the Fexingo History podcast explores the high-stakes fight between FDR and conservative 'gold bugs' in Congress and the Supreme Court, the role of key figures like Lewis Douglas and James Warburg, and the legal battles in the Gold Clause Cases that tested the New Deal's constitutional limits. We also look at how the devaluation aimed to combat deflation and stimulate exports during the Great Depression. Join Lucas and Luna for a deep dive into one of FDR's most controversial economic moves. #FDR #NewDeal #GreatDepression #GoldReserveAct #GoldStandard #GoldClauseCases #SupremeCourt #LewisDouglas #JamesWarburg #ThomasCorcoran #HenryMorgenthau #MonetaryPolicy #Devaluation #FiresideChat #1933BankingCrisis #EmergencyBankingAct #USHistory #FexingoHistory Keep every episode free: buymeacoffee.com/fexingo [https://buymeacoffee.com/fexingo]

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161 episodes

episode FDR's Rural Electrification Administration: Power to the Countryside artwork

FDR's Rural Electrification Administration: Power to the Countryside

Before the New Deal, most American farms had no electricity. In 1935, FDR created the Rural Electrification Administration (REA) to bring power to the countryside. This episode explores how the REA overcame resistance from private utilities, helped farmers form cooperatives, and transformed rural life. We follow the story of Morris Llewellyn Cooke, the REA's first administrator, and John M. Carmody, who expanded the program. We'll look at the legal battle with Alabama Power, the impact on farm productivity and daily life, and how the REA's cooperative model shaped rural America for decades. Along the way, we discuss the political maneuvers and the quiet revolution that lit up the dark corners of the nation. #RuralElectrificationAdministration #REA #MorrisLlewellynCooke #JohnCarmody #NewDeal #FranklinDRoosevelt #ElectricCooperatives #AlabamaPower #Farmers #RuralAmerica #1930s #FDR #Cooperative #Electrification #TennesseeValleyAuthority #PublicPower #History #FexingoHistory Keep every episode free: buymeacoffee.com/fexingo [https://buymeacoffee.com/fexingo]

17. juli 20267 min
episode FDR's Unsung Hero: Marriner Eccles and the New Deal Economy artwork

FDR's Unsung Hero: Marriner Eccles and the New Deal Economy

In this episode of Franklin Roosevelt and the New Deal Explained, hosts Lucas and Luna explore the overlooked but crucial role of Marriner Eccles in shaping New Deal economic policy. From his early days as a Utah banker during the Great Depression to his appointment as Federal Reserve Board chairman in 1934, Eccles challenged laissez-faire orthodoxy and championed deficit spending, wage growth, and consumer purchasing power as keys to recovery. Lucas recounts how Eccles' radical ideas influenced the Banking Act of 1935, which restructured the Federal Reserve and centralized power in Washington. The episode also delves into Eccles' bitter feud with Treasury Secretary Henry Morgenthau Jr. over fiscal policy, and his ultimate vindication as Keynesian economics gained traction. Listeners will gain a fresh perspective on the internal battles within FDR's administration and the intellectual foundations of the modern American economy. #MarrinerEccles #NewDeal #FranklinRoosevelt #FederalReserve #BankingAct1935 #KeynesianEconomics #DeficitSpending #GreatDepression #UtahBanker #HenryMorgenthau #FiscalPolicy #CentralBanking #USHistory #EconomicHistory #FDRAdministration #FexingoHistory #Podcast #History Keep every episode free: buymeacoffee.com/fexingo [https://buymeacoffee.com/fexingo]

17. juli 20266 min
episode FDR's Dust Bowl Resettlement and the Nation's Refugee Crisis artwork

FDR's Dust Bowl Resettlement and the Nation's Refugee Crisis

In episode 159, Lucas and Luna explore one of the most overlooked crises of the New Deal: the Dust Bowl refugee crisis and the federal government's halting efforts to resettle displaced farmers. They focus on the Resettlement Administration's controversial camps for migrants in California, the rivalry with the Farm Security Administration, and the role of figures like Dorothea Lange and John Steinbeck in documenting the exodus. The episode also delves into the political backlash against resettlement, the fight over land use policy, and the long-term impact on American agriculture. Specific topics include the drought of 1934, the Taylor Grazing Act, the Klamath River dam controversy, and the legacy of the 'Okie' migration. #DustBowl #ResettlementAdministration #FarmSecurityAdministration #DorotheaLange #JohnSteinbeck #OkieMigration #TaylorGrazingAct #California #NewDeal #FDR #MigrantCamps #SoilErosion #Drought #GreatDepression #AgriculturalPolicy #KlamathRiver #History #FexingoHistory Keep every episode free: buymeacoffee.com/fexingo [https://buymeacoffee.com/fexingo]

Yesterday8 min
episode FDR's National Housing Act and the FHA Revolution artwork

FDR's National Housing Act and the FHA Revolution

In 1934, the US housing market was in shambles—half of all home mortgages were in default, and homeownership was a dream out of reach for most Americans. Enter the National Housing Act, which created the Federal Housing Administration and transformed how Americans buy homes. But the FHA didn't just insure loans; it redlined entire neighborhoods, codified racial segregation in housing, and set the stage for the white suburban exodus. In this episode, Lucas and Luna explore the FHA's origins, its bold mortgage insurance program, the creation of Fannie Mae, and the darker legacy of redlining that persists today. They discuss key figures like FDR, Senator Robert F. Wagner, and the appraisers who drew the color-coded maps. It's a story of innovation and injustice—the New Deal's gamble on homeownership. #FDR #NewDeal #FederalHousingAdministration #NationalHousingAct1934 #FHA #Redlining #FannieMae #HomeOwnership #GreatDepression #HousingPolicy #Segregation #Suburbia #RobertFWagner #StewartMcDonald #NorthAmerica #History #FexingoHistory #USHistory Keep every episode free: buymeacoffee.com/fexingo [https://buymeacoffee.com/fexingo]

Yesterday9 min
episode FDR's Soil Soldiers: The Civilian Conservation Corps artwork

FDR's Soil Soldiers: The Civilian Conservation Corps

In the spring of 1933, with unemployment at 25% and millions of young men wandering the country, Franklin Roosevelt launched one of the most popular New Deal programs: the Civilian Conservation Corps. This episode traces the CCC from its breakneck creation—within 37 days of FDR's inauguration—to the work camps that dotted the American landscape. We follow the 'soil soldiers' into the national forests and parks, where they planted over 2 billion trees, built trails and fire towers, and fought soil erosion. But the CCC was more than a reforestation army. It was a social experiment: remaking unemployed, often malnourished boys into disciplined workers, while sending $25 of their $30 monthly pay home to families. We look at the program's quasi-military structure, the role of the Army and the Forest Service, and the unexpected cultural encounters when city kids from the Northeast bunked alongside rural southerners. We also confront the program's limits: segregation of Black enrollees, exclusion of women, and the quiet tension between conservation goals and the speed demanded by economic crisis. By 1942, the CCC had enrolled 3 million men. It shaped a generation's relationship with the land—and left physical traces we still walk on today. #FDR #NewDeal #CivilianConservationCorps #CCC #RobertFechner #GreatDepression #Conservation #NationalParks #TreePlanting #SoilErosion #GreenNewDeal #FiresideChats #AmericanHistory #NorthAmerica #20thCentury #PublicWorks #History #FexingoHistory Keep every episode free: buymeacoffee.com/fexingo [https://buymeacoffee.com/fexingo]

15. juli 20268 min