Emergency Banking Act

E133

The Emergency Banking Act was a 1933 U.S. law passed early in Franklin D. Roosevelt’s presidency to stabilize the collapsing banking system during the Great Depression by regulating bank operations and restoring public confidence.

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AI-generated illustration of Emergency Banking Act

This AI-generated illustration was produced by black-forest-labs/FLUX.2-dev (1024x1024) from a prompt written by openai/gpt-oss-120b from the entity's label + description.

Prompt

Generate an image of the Emergency Banking Act (The Emergency Banking Act was a 1933 U.S. law passed early in Franklin D. Roosevelt’s presidency to stabilize the collapsing banking system during the Great Depression by regulating bank operations and restoring public confidence.)

All labels observed (3)

How this entity was disambiguated

Statements (49)

Predicate Object
instanceOf United States federal statute ⓘ
banking law ⓘ
affected Federal Reserve System ⓘ
member banks of the Federal Reserve System ⓘ
national banks ⓘ
appliesTo commercial banks in the United States ⓘ
authorized inspection of banks by federal authorities ⓘ
issuance of additional Federal Reserve Bank notes ⓘ
reopening of solvent banks ⓘ
reorganization or closure of insolvent banks ⓘ
chamberInvolved United States House of Representatives ⓘ
United States Senate ⓘ
country United States ⓘ
dateOfEnactment 1933-03-09 ⓘ
enactedDuring First 100 days of Franklin D. Roosevelt ⓘ
linked to: Hundred Days
enactedInResponseTo bank holiday of March 1933 ⓘ
nationwide bank runs ⓘ
fieldOfLaw economic law ⓘ
financial law ⓘ
grantedPowerTo President of the United States ⓘ
Secretary of the Treasury ⓘ
historicalPeriod New Deal era ⓘ
linked to: New Deal
implementedBy Federal Reserve Board ⓘ
United States Department of the Treasury ⓘ
jurisdiction United States federal government ⓘ
languageOfWork English ⓘ
legalStatus amended over time ⓘ
legislativeBody United States Congress ⓘ
motivatedBy banking crisis of 1933 ⓘ
collapse of U.S. banking system ⓘ
partOf New Deal legislation ⓘ
passedDuring Great Depression ⓘ
policyArea banking regulation ⓘ
financial stabilization ⓘ
monetary policy ⓘ
precededBy nationwide bank holiday proclaimed by Franklin D. Roosevelt ⓘ
presidentAtEnactment Franklin D. Roosevelt ⓘ
purpose regulate bank operations during financial emergency ⓘ
restore public confidence in banks ⓘ
stabilize the U.S. banking system ⓘ
relatedTo Federal Deposit Insurance Corporation ⓘ
Glass–Steagall Act of 1933 ⓘ
resultedIn increased federal oversight of banks ⓘ
reopening of many U.S. banks ⓘ
restoration of depositor confidence ⓘ
shortDescription 1933 U.S. emergency law to stabilize banks and restore confidence ⓘ
signedBy Franklin D. Roosevelt ⓘ
temporalContext early presidency of Franklin D. Roosevelt ⓘ
yearOfEnactment 1933 ⓘ

How these facts were elicited

Referenced by (14)

Full triples — surface form annotated when it differs from this entity's canonical label.

Franklin D. Roosevelt → notablePolicy → Emergency Banking Act ⓘ
subject linked to: President Franklin D. Roosevelt
New Deal → hasPart → Emergency Banking Act ⓘ
Hundred Days (FDR) → hasKeyEvent → Emergency Banking Act ⓘ
subject linked to: Hundred Days
Hundred Days (FDR) → hasKeyLegislation → Emergency Banking Act of 1933 ⓘ
subject linked to: Hundred Days
linked to: Emergency Banking Act
Home Owners' Loan Act of 1933 → relatedTo → Emergency Banking Act of 1933 ⓘ
linked to: Emergency Banking Act
73rd United States Congress → enacted → Emergency Banking Act ⓘ
Fireside chats on banking crisis → hasContext → United States banking crisis of 1933 ⓘ
linked to: Emergency Banking Act
Fireside chats on banking crisis → explainsPolicy → Emergency Banking Act of 1933 ⓘ
linked to: Emergency Banking Act
Emergency Relief Act of 1933 → relatedTo → Emergency Banking Act of 1933 ⓘ
linked to: Emergency Banking Act
Trading with the Enemy Act → amendedBy → Emergency Banking Act of 1933 ⓘ
linked to: Emergency Banking Act
Executive Order 6102 → legalBasis → Emergency Banking Act of 1933 ⓘ
linked to: Emergency Banking Act
United States gold policy → codifiedBy → Emergency Banking Act of 1933 ⓘ
linked to: Emergency Banking Act
Reconstruction Finance Corporation Act → relatedTo → Emergency Banking Act of 1933 ⓘ
linked to: Emergency Banking Act
Executive Order 6260 → legalBasis → Emergency Banking Act of 1933 ⓘ
linked to: Emergency Banking Act