A New Deal: The First 100 Days

(LoC) - June 16, 1933, marked the end of the first hundred days of the presidency of Franklin Delano Roosevelt (FDR). Those one hundred days were a period of frenetic activity.
Following his inauguration on March 4, Roosevelt immediately sought to stem the financial panic that had begun with the stock market crash of 1929 and to restore public confidence. He started by closing the nation's banks on March 6. On June 16, 1933, FDR signed the Banking Act, which separated commercial banking from investment banking and established the Federal Deposit Insurance Corporation. He also signed the Farm Credit Act, the Emergency Railroad Transportation Act, and the National Industrial Recovery Act (which created the Public Works Administration). Continued