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jan 1, 1933 - Glass-Steagall Banking Act

Description:

The Glass-Steagall Act effectively separated commercial banking from investment banking and created the Federal Deposit Insurance Corporation, among other things. It was one of the most widely debated legislative initiatives before being signed into law by President Franklin D. Roosevelt in June 1933.

Added to timeline:

module 13

ByEvan Leonard
22 May 2021
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201

Date:

jan 1, 1933
Now
~ 93 years ago

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