Tuesday, April 18, 2023

Americans Gain Confidence in Banks

 Next, FDR passed the Glass-Steagall Act which established the Federal Deposit Insurance Corporation

The FDIC insured account holders up to $5,000 and set strict standards for banks to follow (today = $100,000)
Federal Securities Act: Required stock info to be accurate and truthful



No comments:

Post a Comment

Memorial Day 2023

  https://www.history.com/veterans-stories https://www.history.com/topics/holidays/memorial-day-history Memorial Day is an American holiday,...