New Deal Legislation: Banking Reform

As part of his New Deal programs, President Franklin D. Roosevelt introduced various initiatives aimed at providing relief, recovery, and reform in the United States during the Great Depression. One significant component targeted financial reform in the banking sector, which had faced severe instability and failures prior to the New Deal. Understanding the impact of this specific initiative is crucial to evaluating the overall effectiveness of the New Deal programs. Which of the following New Deal measures primarily aimed to restore public confidence in the banking system?