Is TVA a federal job?
The Tennessee Valley Authority (TVA), a quasi-public federal agency, paid their new chief executive officer much more than the U.S. president's $400,000 annual salary.
What does TVA stand for and what did this act do?
President Roosevelt signed the Tennessee Valley Authority Act on May 18, 1933, creating the TVA as a Federal corporation. The new agency was asked to tackle important problems facing the valley, such as flooding, providing electricity to homes and businesses, and replanting forests.