Franklin Roosevelt and the New Deal Explained — Fexingo History
In March 1933, Franklin D. Roosevelt faced a collapsing banking system as panicked depositors drained reserves. This episode goes inside the dramatic Bank Holiday of 1933, exploring the Emergency Banking Act, the role of William Woodin and the Reconstruction Finance Corporation, and the surprising comeback of gold hoarders. We trace the steps from FDR's first 'fireside chat' to the reopening of sound banks, the creation of the FDIC, and the long-term shift toward federal deposit insurance. Lucas and Luna unpack the euphoric public response, the political maneuvering behind the Glass-Steagall Act, and how the crisis reshaped American trust in banks for decades. A focused look at a pivotal ten days that defined the New Deal's early triumph. #BankHoliday1933 #EmergencyBankingAct #FDR #NewDeal #WilliamWoodin #ReconstructionFinanceCorporation #FDIC #GlassSteagall #GoldStandard #FiresideChat #BankRun #GreatDepression #Hoover #Conservator #DepositInsurance #USHistory #History #FexingoHistory Keep every episode free: buymeacoffee.com/fexingo [https://buymeacoffee.com/fexingo]
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