Franklin D. Roosevelt’s approach to the Great Depression was more widely accepted by the people, rather than Hoover’s every thing will work itself out belief. Roosevelt started immediately after he got sworn into office, to help the American people fight against the Great Depression. His three main points of the New Deal Plan were relief, recovery, and reform. His plan to was to reform the financial systems, and get the government more involved. Immediately after his First Inaugural Address he began instituting bold, revolutionary reforms, one of the first was the Emergency Banking Relief Act, which allowed the president to regulate banking transactions and foreign exchange. Several months later came the Glass-Steagall Banking Reform Act,
