0
This act led to increased legislation between 1930 and 1960 that limited bank holding activity and expansion
Wiki User
∙ 13y ago
Wiki User
∙ 13y agoIt was passed in response to thousands of bank failures during the Great Depression
Add your answer:
Earn +20 pts
What did the Riegle-Neal Interstate Banking and Branching Act do?
The Riegle-Neal Interstate Banking and Branching Act was passed in 1995
How would you explain Germany's enabling act?
The enabling act meant that Hitler could pass any law. This act was passed on the 23rd of march 1933
What are the provisions of the hare-hawes-cutting act?
The Hare-Hawes-Cutting Act of 1933 was the first US law passed for the decolonization of the Philippines.
What was NOT part of the Second New Deal. a.Social Security Act b.Wagner-Connery Act c.Emergency Banking Act d.Revenue Act?
c) Emergency Banking Act
What was the act of 1956 passed?
What was th act passed in 1956
What does the term Glass Steagall Act mean?
The Glass Steagall Act was an act passed by Congress in 1933. The act was passed to restore confidence in the banking industry. The most important provision of the act was the institution of the FDIC.
When was the Riegle-Neal Interstate Banking and Branching Act passed?
The Riegle-Neal Interstate Banking and Branching Act was passed in 1995
How much did the emergency banking act cost?
The Emergency Banking Act passed by Congress in 1933 allowed for $2 million to be set aside so that banks could conduct business. It is not known how much of that $2 million was actually used.
What did the emergence banking act give president Roosevelt the authority to do?
It gave him the power to strengthen and recognize banks that should reopen.
Does the Emergency Banking Act still exist today?
The Emergency Banking Act no longer exists, however elements of the act were included in the 1933 Banking Act. It's also one of the things that ultimately led to the Federal Deposit Insurance Corporation.
As a result of the Banking Act of 1933 who now assumes most of the risk connected with bank failure?
The FDIC
Portions of the national industrial recovery act were ruled unconstitutional because the act gave too much power to-?
Parts of the National Industrial Recovery Act were ruled unconstitutional due to the fact that the act ceded too much power to the executive branch. The act was passed in 1933.
What did the Riegle-Neal Interstate Banking and Branching Act do?
The Riegle-Neal Interstate Banking and Branching Act was passed in 1995
When was the Federal Alcohol Administration Act passed?
The Federal Alcohol Administration Act (FAA) was put into place at the end of Prohibition in 1933
Who passed the federal securities act?
The Federal Securities Act was passed by the United States Congress in 1933. It was signed into law by President Franklin D. Roosevelt.
How would you explain Germany's enabling act?
The enabling act meant that Hitler could pass any law. This act was passed on the 23rd of march 1933
What are the provisions of the hare-hawes-cutting act?
The Hare-Hawes-Cutting Act of 1933 was the first US law passed for the decolonization of the Philippines.
