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After FDR took office he closed the banks and created this program to guarantee depositors that their money would be secure. What was the program called?
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Asked 3/8/2013 2:04:20 PM
Updated 2/16/2014 8:45:13 AM
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User: After FDR took office he closed the banks and created this program to guarantee depositors that their money would be secure. What was the program called?

Weegy: The program is called " BANK HOLIDAY "... **When FDR took office one of the first things he did was to declare a "bank holiday". All banks in the country closed for weeks, until bank examiners could check their books and see that they were solvent. [ ]
simplekaren89|Points 322|

Question
Asked 3/8/2013 2:04:20 PM
Updated 2/16/2014 8:45:13 AM
1 Answer/Comment
This conversation has been flagged as incorrect.
Flagged by jeifunk [2/16/2014 8:45:13 AM]
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After FDR took office he closed the banks and created this program to guarantee depositors that their money would be secure. The program was called Federal Reserve System.

Added 2/16/2014 8:45:12 AM
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