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

User Nevace
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1 Answer

7 votes

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.

User Shankar BS
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