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jan 1, 1934 - Guarantee of safe deposit of money in banks

Description:

This proposition can be found under the finance portion of The Omaha Platform. It was passed on a federal level on this date. This was very important because it ensured that Americans couldn't lose their life savings when a bank went under.

Added to timeline:

16 Sep 2023
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Date:

jan 1, 1934
Now
~ 91 years ago