The Office of Economic Stabilization was established within the United States Office for Emergency Management on October 3, 1942, pursuant to the Stabilization Act of 1942, as a means to control inflation during World War II through regulations on price, wage, and salary increases.[1]
Agency overview | |
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Formed | October 3, 1942 |
Directors
edit- 1942-1943 James Byrnes
- 1943-1945 Fred M. Vinson
- 1945-1946 William H. Davis
See also
editReferences
edit- ^ Peters, Gerhard; Woolley, John T. "Franklin D. Roosevelt: "Executive Order 9250 Establishing the Office of Economic Stabilization.," October 3, 1942". The American Presidency Project. University of California - Santa Barbara.