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The Act set the tone for the [[New Deal]] with FDR asserting that he could use war powers to deal with the crisis despite the lack of an actual war.<ref>[http://www.nationalreview.com/corner/131267/liberals-and-people-jonah-goldberg Liberals and the People], [[National Review]]</ref>
 
The Act set the tone for the [[New Deal]] with FDR asserting that he could use war powers to deal with the crisis despite the lack of an actual war.<ref>[http://www.nationalreview.com/corner/131267/liberals-and-people-jonah-goldberg Liberals and the People], [[National Review]]</ref>
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The Act was superceded by the Banking Act of 1933,(Known as the Glass-Steagall Act) enacted on June 16th, 1933.
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The Act was superseded by the Banking Act of 1933,(Known as the Glass-Steagall Act) enacted on June 16, 1933.
    
==See also==
 
==See also==
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