Democratic (socialist/fascist) de facto President Franklin Roosevelt, Esq.—without a constitutional amendment—signs the Banking Act of 1935,
- Making the Federal Deposit Insurance Corporation a permanent agency; and
- Creating the Federal Open Market Committee, to more readily convert increased Federal debt into fiat (Latin for “Let it become”) money.
NOTE: As an attorney (Officer of the Court) Roosevelt was ineligible to serve in two branches of government at the same time, according to Article I, Section 6 [Clause 2].
[restored 7/4/2021]
Subsequent Events:
Authority:
“Law of the Jungle”
ccc-2point0.com/preface
References:
Banking Act of 1935 – Wikipedia
en.wikipedia.org/wiki/Banking_Act_of_1935