The Business Plot (also the Plot Against FDR and the White House Putsch) was an alleged political conspiracy in 1933. Retired Marine Corps Major General and two time Medal of Honor winner Smedley Butler claimed that wealthy businessmen were plotting to create a fascist veterans’ organization and use it in a coup d’état to overthrow United States President Franklin D. Roosevelt.
In 1934 Butler testified to a Congressional committee on these claims. In the opinion of the committee, these allegations were credible, but no one was prosecuted. While historians have questioned whether or not a coup was actually close to execution, most agree that some sort of ‘wild scheme’ was contemplated and discussed.
The Daily Omnivore 
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