the Federal Deposit Insurance Corporation is created 1933 (jun 16, 1933 – may 17, 1972)
Description:
The FDIC ensures that up to $250,000 is insured for each account in each bank. This is an example of the "Guarantee of safe deposit of money in banks" that the populists called for under number five in the finance section of the Omaha platform.Added to timeline:
Date:
jun 16, 1933
may 17, 1972
~ 38 years