Which U.S. president signed the Banking Act of 1933 into law?

Franklin D. Roosevelt signed the Banking Act of 1933 into law.

The act was signed on 16 June 1933 during Roosevelt’s first presidential term. It was one of the major banking measures of the New Deal, enacted after widespread bank failures and a nationwide banking crisis.

The law established federal deposit insurance through the Federal Deposit Insurance Corporation and included the banking-separation provisions commonly called Glass–Steagall. It also strengthened federal oversight of banks and sought to rebuild public confidence in the financial system.

Roosevelt’s Emergency Banking Act, signed earlier in March 1933, was a different law. The two measures are frequently confused because both responded to the same crisis and were enacted during Roosevelt’s first year in office.