Prez Bill Clinton, with Financial Services Modernization Act 1999.
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Carter Deregulated the airlines, the Banking Indrustry, Oil and natural gas, and the Telecom indrustry. www.washingtonpost.com/wp-dyn/content/article/2007/07/13/AR2007071300851.html www.historycommons.org/context.jsp?item=financial_crisis_8 millercenter.org/academic/americanpresident/carter/essays/biography/4
He closed all banks and only reopened those with enough money.
government bank
The Panic of 1873 closed the banks.
The New Deal was President Franklin Roosevelt's response to the Great Depression. It was designed to relieve the worst effects of the depression, stimulate the economy, and restore Americans' confidence in banks and other institutions.