These are the Glass- Steagall Bank Act and the Federal Deposit Insurance Corporation. The Glass-Steagall Bank act was also known as the emergency banking act. This was sponsored by Senator Carter Glass. It forced the separation of investment banking and commercial banking. This act was a need because of the banking crisis the dangers of an unregulated banking system was exposed. The commercial side of the banks were healthy and the finical side drug the banks down. The Emergency Banking Act lives off of the Federal Deposit Insurance Corporation. (FDIC) This was set up to insure bank deposits. The Federal Deposit Insurance Corporation insured deposits up to 5,000 in 1933. The amount increased in stages to 100,000 by 1980. In 2008 the number was raised to 250,000. Roosevelt thought that the Federal Deposit Insurance Corporation may be too