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In 1933, Congress passed the Glass-Steagall Act, which prohibited banks from being both commercial and investment banks in response to the Great Depression. A Glass-Steagall for health care would ...
Three months later, he signed the Glass-Steagall Act which created the FDIC, federally insuring deposits The Civil Conservation Corps was one of the New Deal’s most successful programs.
Recognizing the need to protect bank depositors, President Franklin Roosevelt signed the Banking Act of 1933 (aka the Glass-Steagall Act) into law, creating the FDIC. Funded not by taxpayers ...
Three months later, he signed the Glass-Steagall Act which created the FDIC, federally insuring deposits The Civil Conservation Corps was one of the New Deal’s most successful programs.