Which U.S. president signed the Emergency Banking Act during the banking panic that followed the 1929 crash?

Franklin D. Roosevelt signed the Emergency Banking Act during the banking panic that followed the 1929 crash.

Roosevelt signed the law on March 9, 1933, shortly after taking office during a nationwide banking crisis. The act gave the federal government broader powers to stabilize banks, including authority to reopen institutions judged financially sound after a temporary bank holiday.

The measure was part of Roosevelt's early New Deal response. The government also created a framework for stronger federal supervision and later established federal deposit insurance through the Banking Act of 1933.

Herbert Hoover was president when the 1929 stock-market crash began, but Roosevelt became president in March 1933, when the banking crisis had reached an acute stage. The Emergency Banking Act addressed bank solvency and confidence; it was not a law that directly prevented the 1929 share-price collapse.