Question: Question 2 9 Upon assuming office, how did Roosevelt respond to the collapsing bank system? Waited for the Glass - Steagall Banking Act to take

Question 29
Upon assuming office, how did Roosevelt respond to the collapsing bank system?
Waited for the Glass-Steagall Banking Act to take effect in June and then enforced new regulation
Invested major public funds on the day after his inauguration to stabilize the banking systems
Closed all banks until the economy recovered from the Great Depression
Declared a bank holiday and then pushed through the Emergency Banking Act
Question 29 Upon assuming office, how did Roosevelt respond to the

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