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1 May, 12:56

Why did FDR create the Federal Deposit Insurance Corporation (FDIC) and the Securities and Exchange Commission (SEC) ? l?

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  1. 1 May, 13:02
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    He created it to back people's money up just in case the economy ever faiiled again.
  2. 1 May, 13:16
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    The SEC and FDIC were established by the New Deal. These two agencies - the Securities and Exchange Commission and the Federal Deposit Insurance Corporation - had a significant, indirect effect on the nation's farmers ... This was before the FDIC was enacted. In his early career, FDR had worked for a Wall Street law firm
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