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jun 16, 1933 - Glass Steagall Act

Description:

Created the Federal Deposit Insurance Corporation (FDIC)
Increased Americans' confidence in the banks
Investments couldn't be used in high risk financial ventures
Government protected Americans' money in case of a bank collapse

Added to timeline:

APUSH Dates

ByLydia
10 May 2018

Date:

jun 16, 1933
Now
~ 90 years ago
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