Question

In which way Roosevelt to restore the nation's confidence in the banking system did attempt?

Answer 1

He had the Glass-Steagall Act and the Emergency Banking Act passed

Explanation:

FDR got rid of the gold standard and made it illegal for American to own gold(except in antique coins) so as to help Wall Street. People had to sell their gold and it was bought back by the state and its price was artificially increased by Roosevelt the next day it was bought back.

The Glass-Steagall enforced the separation between commercial banks and investment banks. It was repealed in 1999, it as strongly criticized after the 2008 crisis and even proved an argument in the 2016 presidential campaign against Hillary Clinton..
The Emergency Banking Act was also passed in 1933 in order to bring stability to the Banking system;