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apr 1, 1933 - REFORM: Glass-Steagall Act, FDIC

Description:

Glass-Steagall Act, 1933:
-govt authority to curb irresponsible speculation by banks
- est FDIC
Federal Deposit Insurance Corporation:
- guarantee all bank deposits up to $2.5k

Added to timeline:

APUSH timeline

ByAlyson Lo
6 May 2022
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Date:

apr 1, 1933
Now
~ 92 years ago
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