Transcript How did FDR reform banking, finance & government revenue during

How did FDR reform banking,
finance & government revenue
during the first Hundred Days?
BY DERL CLAUSEN,
ERIC HAMMON,
CATHERINE BURCKE
A. Outline
 Bank Holiday
 Banks closed to prevent withdrawals
 Banking Relief Act
 Treasury Department inspected banks
 Banks reopened after being checked
 Fireside Chats
 Talked to New Deal to public
 Increased public trust in banks
A. Outline
 Glass-Steagall Banking Act of 1933
 Established the Federal Deposit Insurance Corporation
 Provided federal insurance for bank accounts up to $5,000
 Federal Securities Act
 Required corporations to provide information on stock
offerings
A. Outline





Securities and Exchange Commission
Regulated the stock market
Twenty-first Amendment
Roosevelt persuaded Congress to allow the production and sale
of some alcoholic beverages
Eventually the Twenty-first Amendment passed, repealing
prohibition
B. Definitions
 Glass-Steagall Banking Act – the law that established
the Federal Deposit Insurance Corporation to protect
individuals’ bank accounts
 Federal Securities Act – a law that required
corporations to provide complete, accurate
information on all stock offerings
 Securities and Exchange Commission – an agency
that monitors the stock market and enforces laws
regulating the sale of stocks and bonds
C. Diagram
FDR Prohibition Timeline
Bill approved to
allow the sale of
some alcohol
Alcohol tax put
in place
Twenty-first
Amendment
repealed
prohibition
D. Picture & Cartoon
E. Questions
Which of the following was not passed within the first
Hundred Days?
a) Glass-Steagall Banking Act
b) Federal Home Loan Bank Act
c) Emergency Banking Relief Act
d) Federal Securities Act
E. Questions
Which of the following was not passed within the first
Hundred Days?
a) Glass-Steagall Banking Act
b) Federal Home Loan Bank Act
c) Emergency Banking Relief Act
d) Federal Securities Act
E. Questions
Which of the following steps were taken toward the
passage of the Twenty-first Amendment?
a) Allowing some alcoholic beverages
b) Passing of the Open Saloon Act
c) Passing of the Food, Drug, and Cosmetic Act
d) Gone with the Wind
E. Questions
Which of the following steps were taken toward the
passage of the Twenty-first Amendment?
a) Allowing some alcoholic beverages
b) Passing of the Open Saloon Act
c) Passing of the Food, Drug, and Cosmetic Act
d) Gone with the Wind