Immediately After Taking Office, President Roosevelt Responded to the Banking

Immediately after taking office, President Roosevelt responded to the banking crisis by

A) restoring the gold standard to guarantee the soundness of American currency.
B) nationalizing the ten largest banks in the United States.
C) providing major federal loans to the largest and soundest banks.
D) establishing a new Bank of the United States to guarantee deposits.
E) closing all American banks for a week, while reorganizing them on a sounder basis.

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