Video: 'Rise and Fall of the National Industrial Recovery Act'

(Friday, June 16, 1933); part of the New Deal in response to the Great Depression) — The National Industrial Recovery Act (NIRA) was signed into law by President Franklin D. Roosevelt today after being passed by the U.S. Congress, creating the National Recovery Administration (NRA). The Act, however, would be later struck down by the U.S. Supreme Court.