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Office of Economic Stabilization

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Office of Economic Stabilization
Agency overview
FormedOctober 3, 1942

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]

Directors of Economic Stabilization

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Image Name Start End President
James F. Byrnes October 3, 1942 May 27, 1943 Franklin D. Roosevelt
(1933–1945)
Fred M. Vinson May 28, 1943 July 23, 1945
William Hammatt Davis 1945 1946 Franklin D. Roosevelt
(1933–1945)
Harry S. Truman
(1945–1953)

See also

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References

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  1. 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.