Which of the following actions did Congress take in the 1930s, in an effort to prevent future financial crises like the stock market crash of 1929?

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The Glass-Steagall Banking Act, also known as the Banking Act of 1933, was passed by Congress in response to the stock market crash of 1929 and subsequent Great Depression. The act established the Federal Deposit Insurance Corporation (FDIC) and separated commercial banking from investment banking. This separation was intended to prevent banks from engaging in risky investment practices that could lead to another financial crisis.

Which of the Following Actions Did Congress Take in the 1930s