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What role did the U.S. Treasury Department play during the Great Depression?

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During the Great Depression the U.S. Treasury Department implemented the Emergency Banking Act and the Gold Reserve Act, which established the Exchange Stabilization Fund. These measures were intended to support the financial system and the New Deal recovery initiatives of the administration of Pres. Franklin D. Roosevelt. During much of this period the department was led by Henry Morgenthau, Jr., who served as Treasury secretary from 1934 to 1945.