The New Deal was popular among voters leading to the formation of the [[New Deal Coalition]], which made the Democrats the majority party during the [[Fifth Party System]] into the 1960s. However a [[Conservative Coalition]] took control of Congress in 1937 and blocked nearly all additional programs; during the war years (1941-45) the conservatives successfully rolled back many of the relief efforts on the grounds they were no longer needed since full employment was achieved. The "reforms" that regulated the economy were mostly dropped in the deregulation era (1974-87), except for oversight of Wall Street buy the [[SEC]], which conservatives approved because it increased investor confidence. | The New Deal was popular among voters leading to the formation of the [[New Deal Coalition]], which made the Democrats the majority party during the [[Fifth Party System]] into the 1960s. However a [[Conservative Coalition]] took control of Congress in 1937 and blocked nearly all additional programs; during the war years (1941-45) the conservatives successfully rolled back many of the relief efforts on the grounds they were no longer needed since full employment was achieved. The "reforms" that regulated the economy were mostly dropped in the deregulation era (1974-87), except for oversight of Wall Street buy the [[SEC]], which conservatives approved because it increased investor confidence. |