Immediately upon his election, what short-term solution did Franklin Roosevelt use to end the run on bank withdrawals?

Select one:

a. fireside chat

b. bank holiday

c. Glass-Steagall Act

d. Federal Securities Act

The best answer is B. Immediately upon his election, the short-term solution that Franklin Roosevelt used to end the run on bank withdrawals was a "bank holiday". All Washington State banks were closed and there was a declaration of a three-day holiday. By doing so, it was impossible for people to withdraw funds.