Political machine, in U.S. politics, a party organization, headed by a single boss or small autocratic group, that commands enough votes to maintain political and administrative control of a city, county, or state.
The rapid growth of American cities in the 19th century, a result of both immigration and migration from rural areas, created huge problems for city governments, which were often poorly structured and unable to provide services. In those conditions, political machines—such as Tammany Hall, run by boss William Magear Tweed (1823–73) in New York City—were able to build a loyal voter following, especially among immigrant groups, by performing such favours as providing jobs or housing.
The Federal Deposit Insurance Corporation (FDIC) was created in in 1933 and it was to protect bank depositors and ensure a level of trust in the American banking system, during the Great Depression.
The Exchange Commission (SEC) was created in 1934 and the goal was to to help investors feel comfortable to put money back into the stock market.
Both were important to create confidence in american people, and to create the possibility to get out of the Great Depression.
Because everyone in the parliament was British
