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Roosevelt Shifts Back to Domestic Focus Warns on Banking Bill
The Western Newspaper Union reports that the Roosevelt administration appears to prioritize domestic affairs over foreign issues, with a new banking bill sparking debate. Critics warn a centralized Washington control could threaten currency stability, while New Dealers defend reforms and warn of return to inflationary policy. The piece notes potential shifts of power within the Federal Reserve and calls attention to broader New Deal pressure on state utilities and lending agencies.
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
Messrs
Davis
St. Lawrence Waterway
Public Works Administration
Congress
Steagall
House Committee On Banking and Currency
Fletcher
Senate Committee On Banking and Currency
Federal Reserve
United States
New York
Federal Reserve Board
Federal Reserve Banks
Reserve Board
Federal Reserve System
Bank
Reconstruction Finance Tion
Home Owners’ Loan Corporation