Franklin D. Roosevelt took office in March 1933. Bank panics had occurred since 1929, and by 1933 than 9,000 banks had closed, with $2.5 billion in lost deposits. Millions of Americans lost their money....
By 1934 our country was pulling out of the depths of the Great Depression. During FDR’s first hundred days, from March to June 1933, with a huge Democratic party majority in the 73rd Congress, a...
