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Roosevelt policy shift fuels drive to curb banks and utilities
Analysis argues the Roosevelt administration shifts focus from foreign to domestic matters including a new banking bill, public works, and moving to curb holding companies. It warns the Open Market Committee could centralize credit in Washington and expand federal control over banks and utilities while preserving some opposition and debate among policymakers.
MENTIONED IN THIS ARTICLE
Washington
Roosevelt
Hull
Department of State
Roper
Department of Commerce
Borah
Senate
White House
House
Department of Agriculture
Wallace
Chester Davis
Davis
St. Lawrence Waterway
Public Works Administration
Congress
Steagall
House Committee On Banking and Currency
Fletcher
Senate Committee On Banking and Currency
United States
New York
Federal Reserve
Bank
Reconstruction Finance Corporation
Home Owners’ Loan Corporation
Federal Reserve System
Washington Observer
Reconstruction ‘Nance Corporation
National Recovery Administration
National Industrial Recovery Act
Western Newspaper Union