What did FDR do at the beginning of his Term?

Roosevelt began the momentous first 100 days of his presidency by closing all banks for several days until Congress could pass reform legislation. He also began holding open press conferences and giving regular national radio addresses in which he spoke directly to the American people. The first of these “fireside chats,” about the banking crisis, was broadcast to a radio audience of some 60 million, and would go a long way toward restoring public confidence and preventing harmful bank runs. After passage of the Emergency Banking Relief Act, three out of every four banks were open within a week.

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