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10h 49min, jun 16, 1933 y - The Federal Deposit Insurance Corporation (FDIC)

Description:

insured deposits in banks. Also worked to limit the effect on the economy if a bank fails. Helped investors and other Americans that have put their trust in banks.

Added to timeline:

24 Oct 2017
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Date:

10h 49min, jun 16, 1933 y
Now
~ 92 years ago