United States President <a href="https://en.wikipedia.org/wiki/Franklin_D._Roosevelt" id="mwtw" rel="mw:WikiLink" title="Franklin D. Roosevelt">Franklin D. Roosevelt</a> signs the <a href="https://en.wikipedia.org/wiki/Federal_Credit_Union_Act" id="mwuA" rel="mw:WikiLink" title="Federal Credit Union Act">Federal Credit Union Act</a>, which establishes credit unions.