Banking Act

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Banking Act

United States [1935]

Learn about this topic in these articles:

history of Federal Deposit Insurance Corporation

In Federal Deposit Insurance Corporation: When was the FDIC established and why?
…permanent government agency through the Banking Act of 1935 after many state-sponsored deposit insurance plans proved to be unsuccessful.
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role of Mitchell

In Charles E. Mitchell
…Act of 1933 and the Banking Acts of 1933 and 1935 was largely in response to Mitchellʾs example of financial chicanery.
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