Legal News for Tues 6/16 - SCOTUS Denies Certs on Student Speech and Gun Industry Suits, TCS' $165m Trade-Secret Liability
This Day in Legal History: The End of Roosevelt’s Hundred Days
On this day in 1933, Franklin Roosevelt signed three pieces of legislation that closed out what the country has been calling the Hundred Days ever since: the Banking Act of 1933, the National Industrial Recovery Act, and the Farm Credit Act, with the Home Owners’ Loan Act having been signed three days earlier. The Banking Act of 1933 is the one most lawyers know, because the popular name attached to it — Glass-Steagall — has been doing rhetorical work in financial-regulation debates for ninety-three years.
Carter Glass of Virginia…
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