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Franklin Delano Roosevelt's Contribution To Financial Reform

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I believe that Franklin Delano Roosevelt made the most significant contribution to history; he was the start of finance reform, two important new deal programs, and a controlled war effort that kept the us out of war until absolutely necessary.
Franklin Delano Roosevelt created many financial reform agencies like the FTC and SEC, which are still used to prevent financial, break down in Wall Street and provide consumer protection. But his most important financial contribution besides those agencies is the glass-seagull act. The glass -seagull act helped create the Federal Deposit Insurance Corporation (FDIC), which helped to keep peoples faith in banks because no matter how close to failing a bank is their money is insured up to 2,500 (250,000 currently). Because of the FDIC this helped prevent a worse depression because people where not taking money out of the banks, which allowed the banks to have enough currency to continue to try to float and keep the economy running, otherwise people would usually start taking their money out of banks as soon as they hear that the economy is starting to get worse causing a chain reaction making the economy worse since there would be no money …show more content…

And when that time came during the surprise attack on pearl harbor Roosevelt was able to sway public opinions and quickly mobilized America into a war that was/is the most unprecedented in history.
In conclusion I believe that FDR had the most important contribution to history because of his finance reforms and important new deal programs that helped bring a close to the depression, and a controlled war effort that kept the us out of war until absolutely

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