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iVinArrow [24]
4 years ago
14

What did the Emergency Banking Act give President Roosevelt the authority to do?

History
2 answers:
liberstina [14]4 years ago
5 0
The Answer is D. Temporarily close banks while they got their accounts in order
PtichkaEL [24]4 years ago
5 0

The <u>Emergency Banking Act</u> of 1933 was a bill passed during President Roosevelt's administration in the aftermath of the Great Depression. The measure aimed at restoring investor confidence and stability in the banking system by shutting down U.S. banks for finantial inspections. Once a bank was deemed financially sound, it was allowed to re-open.

Therefore, the correct answer is D.temporarily close banks while they got their accounts in order.

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