Franklin D Roosevelt declared a four-day national bank holiday on March 5, 1933 and summoned Congress into a special session )Schultz, 2013). This would put in motion a series of laws and programs that were intended to end the depression. Roosevelt called his plan the “New Deal” and meant it to provide national recovery, regulate the economy and create social safety. It expanded government’s role in Americans lives. First thing he passed was the Emergency Banking Relief Act. This gave the federal government control over the banks by lending them money, it took the United States off of the gold standard. This rose the price of silver stocks and commodities, which helped put money back in the economy by investing. Roosevelt then created
