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jan 16, 1935 - The Banking Act was passed

Description:

To help build customer confidence in the banking industry The Banking Act was passed, which established the Federal Deposit Insurance Corporation (FDIC). This impacted the economy by allowing for customer deposits to be insured in case of bank failures.

Added to timeline:

Banking Timeline

ByKeanuKawata
10 Jan 2023
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Date:

jan 16, 1935
Now
~ 90 years ago

Images:

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