Timeline Friday 16 June 1933

Events on Friday 16 June 1933 3

• 1899 – 1933 Chaim Arlosoroff (1899-1933) Died 16 June 1933, aged 34 Labour Zionist leader and head of the Jewish Agency's political department. He was shot dead on a Tel Aviv beach, and the killing has never been solved.
• 1933 Glass–Steagall Act Banking Act separates commercial and investment banking Signed on 16 June, the Banking Act of 1933 separated commercial from investment banking and created the Federal Deposit Insurance Corporation. The separation provisions were largely repealed in 1999.
• 1933 National Industrial Recovery Act New Deal law creates the National Recovery Administration Signed on 16 June, the act allowed industries to draw up codes of fair competition and set up the Public Works Administration. The Supreme Court struck down its main provisions in 1935.