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]
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| Agency overview | |
|---|---|
| Formed | October 3, 1942 |
Directors
- 1942-1943 James Byrnes
- 1943-1945 Fred M. Vinson
- 1945-1946 William H. Davis