At a meeting of the Federal Reserve Board (the Federal agency that oversees the unlawful, privately owned Federal Reserve System of (central) Banks, William H. Woodin, secretary of the treasury establishes a timetable for the re-opening of the nation’s commercial banks (both those that are and are not members of the FRS—provided they agree to new Federal controls.
[added 7/2/2022] Thanks to Jim Lorenz for his contributions to this entry.
Subsequent Events:
Authority:
“Law of the Jungle”
ccc-2point0.com/preface
References:
Meeting Minutes, March 11, 1933, Volume 20, Part 1 – 19330311_Minutes.pdf
fraser.stlouisfed.org/files/docs/historical/nara/bog_minutes/19330311_Minutes.pdf