President Roosevelt Bank Holiday and Reconstruction Finance Corporation

Summarizing the main point of Roosevelt’s initial approach to the banking crisis and later efforts regarding the monetary supply, banks, securities, and the stock market, we can conclude that he understood that the country needed fast relief. Right after the inauguration he started making steps to help the United States to recover after the Great Depression; and this approach was rather successful.

References:

Coleman, D. (2002). Depression to Cold War: a history of America from Herbert Hoover to Ronald Reagan. Siracusa Press.

Winkler, A. (2008). Franklin D. Roosevelt and the Making of Modern America. Pearson Education Press.