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mar 9, 1933 - Emergency Banking Relief Act

Description:

FDR closed all financial institutions for two days, allowing only those who were stable to reopen on the third day
Banks that weren't fit to reopen were taken over by the federal government

Added to timeline:

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ByLydia
10 May 2018
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5819

Date:

mar 9, 1933
Now
~ 93 years ago
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