New Dealers

Refers to the policymakers, administrators, and reformers associated with Franklin D. Roosevelt’s New Deal programs of the 1930s in the United States, who advocated for government intervention to regulate finance and revive the economy. In these claims, they are portrayed as imposing capital controls and restricting bankers in response to the 1929 stock market crash.

Claims that use this term

• New Dealers imposed capital controls specifically to prevent bankers from speculating.
• The 1929 crash drove New Dealers to straitjacket bankers with capital controls.