Permanent historical factsheet

Glass-Steagall Gold Reserve Relief

United States of America · Government / Republican Party Government. Chronological records rendered directly from the World History Database.

1Records
1932Date range
1Named people
1Places

Chronological records

1932

Herbert Hoover27 February 1932

Washington · Government / Republican Party Government

The Glass-Steagall Act broadens assets eligible to back Federal Reserve notes, easing pressure on monetary gold reserves while the United States remains on gold.

Names involved

Herbert Hoover

Provenance

This factsheet is generated from stored World History Database records matching the country, broad category, detailed category and exact Event value shown above. Duplicate display records are collapsed; database wording is otherwise preserved. Source provenance varies by record, so formal academic citation should be checked against the relevant primary source, archive or specialist historical reference.