Franklin Roosevelt and the New Deal Explained — Fexingo History

FDR's Bank Holiday and the Emergency Banking Act of 1933

10 min · 14. juni 2026
episode FDR's Bank Holiday and the Emergency Banking Act of 1933 cover

Description

In March 1933, Franklin Roosevelt shut down every bank in America. For four days, the entire financial system ground to a halt. This episode explores the dramatic Bank Holiday of 1933 and the Emergency Banking Act that followed — a whirlwind of legislation that stabilized the panic, restored public confidence, and redefined the federal government's role in banking. Lucas and Luna walk through the chaotic days before the holiday, the behind-the-scenes drafting of the legislation, FDR's first Fireside Chat explaining it to the nation, and the rapid reopening of solvent banks. They discuss the role of Treasury officials like William Woodin and the distinction between the Emergency Banking Act and later banking reforms like the Glass-Steagall Act. This is the untold story of how FDR caught his breath and saved the banks in his first week in office. #FDR #NewDeal #BankHoliday #EmergencyBankingAct #GreatDepression #FiresideChat #WilliamWoodin #GlassSteagall #BankingReform #1933 #FDIC #FederalReserve #Hoover #ReconstructionFinanceCorporation #AmericanHistory #EconomicHistory #History #FexingoHistory Keep every episode free: buymeacoffee.com/fexingo [https://buymeacoffee.com/fexingo]

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116 episodes

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Yesterday7 min
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Yesterday7 min
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23. juni 20269 min
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23. juni 20267 min
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