 | |
| Agency overview | |
|---|---|
| Formed | October 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]
- ^ 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.