The National Recovery Act was declared unconstitutional by the US Supreme Court in 1935. The Schechter brothers owned a company specializing in chickens used in kosher kitchens. They claimed that the federal regulations imposed by the NRA were incompatable with the requirements of kosher slaughter. The brothers also claimed federal interference in an intrastate commerce. (Most of their business was done in New York state.) The Supreme Court agreed.
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Parts of the National Industrial Recovery Act were ruled unconstitutional due to the fact that the act ceded too much power to the executive branch. The act was passed in 1933.
Yes, in the National Industrial Recovery act, each type of industry was asked to write its own rules to control.
The National Industrial Recovery Act (NIRA), officially known as the Act of June 16, 1933 (Ch. 90, 48 Stat. 195, formerly codified at 15 U.S.C. sec. 703), was an American statute which authorized the President of the United States to regulate industry and permit cartels and monopolies in an attempt to stimulate economic recovery, and established a national public works program.
It was part of the first new deal.
You can find details of the American Recovery and Reinvestment Act at Recovery.gov.