Which act gave the president the power to reopen only banks that were financially sound?

Question

asked Oct 18, 2023 171k views

1 Answer

Shankar BS · Answer 1 · 2023-10-22T16:49:33+0000

Answer:

Emergency Banking Act/ Emergency Banking Relief Act

Step-by-step explanation:

passed by Congress on March 9, 1933, gave the President the backing that he needed to ensure the safety of the reopened banks.