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Emergency Banking Act
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Emergency Banking Act

United States [1933]

Learn about this topic in these articles:

New Deal legislation

  • A map of the states, boundaries, and capital cities of the United States, along with the bodies of water and other counties surrounding the U.S.
    In United States: The first New Deal

    …he submitted to Congress an Emergency Banking Bill authorizing government to strengthen, reorganize, and reopen solvent banks. The House passed the bill by acclamation, sight unseen, after only 38 minutes of debate. That night the Senate passed it unamended, 73 votes to 7. On March 12 Roosevelt announced that, on…

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