On 30 January 1933, the new cabinet was sworn in during a brief ceremony in Hindenburg's office. The NSDAP gained three posts: Hitler was named chancellor, Wilhelm Frick Minister of the Interior, and Hermann Göring Minister of the Interior for Prussia.
The controversial Economy Act of 1933 is signed into law, slashing $243 million in government salaries and pensions, and veterans' benefits. Despite the economic crisis, super majorities of American economists, policymakers, and the general public believed that the federal government needed to balance the budget and avoid deficit spending, to avoid putting further strain on the bond market which would negatively affect government borrowing costs, banks, corporations, and foreign investors. From 1929 to 1933, the total debt owed by the U.S. government rose from $16.9 billion to over $23 billion.
On 21 March 1933, the new Reichstag was constituted with an opening ceremony at the Garrison Church in Potsdam. This "Day of Potsdam" was held to demonstrate unity between the Nazi movement and the old Prussian elite and military. Hitler appeared in a morning coat and humbly greeted Hindenburg.
On 23 March 1933, the Reichstag assembled at the Kroll Opera House under turbulent circumstances. Ranks of SA men served as guards inside the building, while large groups outside opposing the proposed legislation shouted slogans and threats towards the arriving members of parliament.
In 1932, Gandhi began a new campaign to improve the lives of the untouchables, whom he started referring to as Harijans or "the children of god". On 8 May 1933, Gandhi began a 21-day fast of self-purification and launched a one-year campaign to help the Harijan movement. This new campaign was not universally embraced within the Dalit community. Ambedkar and his allies felt Gandhi was being paternalistic and was undermining Dalit political rights.
The Securities Act of 1933 is enacted, requiring the registration of all sales and purchases of financial securities, as well as the disclosure of critical financial information about the firms involved. The U.S. Securities and Exchange Commission was established the following year, which helped combat insider trading and reducing transaction risk.
By the end of June, the other parties had been intimidated into disbanding. This included the Nazis' nominal coalition partner, the DNVP; with the SA's help, Hitler forced its leader, Hugenberg, to resign on 29 June.
The Civil Works Administration is created, which would employ over 4 million people and distribute over $400 million in funds for work programs through its end on March 31, 1934, when it would be replaced by the more permanent Works Progress Administration.
In 1933, the parties of the right won the general elections, largely due to the anarchists' abstention from the vote, increased right-wing resentment of the incumbent government caused by a controversial decree implementing land reform, the Casas Viejas incident, and the formation of a right-wing alliance, Spanish Confederation of Autonomous Right-wing Groups (CEDA). Another factor was the recent enfranchisement of women, most of whom voted for centre-right parties.
Prohibition is repealed at the national level. 18 states continue with state-level prohibition. The end of Prohibition hurts organized crime, allows legal employment in alcoholic drink production, and increases state tax revenues.