The 1934 law was the culmination of FDR’s controversial gold program
The controversial and consequential policies of FDR regarding gold and dollars
The 1933 law was aimed at restoring public confidence in the nation’s financial system
For an entire week in March 1933, all banking transactions were suspended
Earlier regional banking panics turned into a nationwide financial crisis in fall 1931
The US appeared to be poised for economic recovery when a series of bank panics began in fall 1930
On October 28, 1929, the Dow declined nearly 13 percent
The worst downturn in US history lasted from 1929 to 1941
World War I was the first test of the nation's new central bank