Final answer:
The Federal Deposit Insurance Corporation (FDIC), Securities and Exchange Commission (SEC), and the Social Security Administration are notable New Deal programs that are still in effect today. The FDIC insures bank deposits, the SEC oversees fair trading in the stock market, and Social Security provides economic security for many Americans.
Step-by-step explanation:
One of the key programs from the New Deal era that remains in effect today is the Federal Deposit Insurance Corporation (FDIC). Established in 1933, the FDIC was created to restore trust in the American banking system by insuring deposits. Initially, it guaranteed individual bank deposits up to $2,500, and this amount was later increased to $5,000 by 1934. During the financial challenges of 2008, the coverage was further expanded to up to $250,000. To this day, the FDIC continues to protect depositors by insuring bank accounts and fostering financial stability.
Another enduring New Deal program is the Securities and Exchange Commission (SEC), which was also established in 1934. Its purpose is to protect investors, ensure fair trading practices, and maintain efficient operation of the securities markets. These measures play a critical role in the transparency and accountability of the stock market and help in preventing financial fraud and irregularities.
Lastly, the Social Security Administration, created in 1935, provides a critical safety net through its old-age pension program, among other benefits. This program has been a foundational component of the U.S. social welfare system for decades, ensuring economic security for retirees, the disabled, and survivors of deceased workers.