Reconstruction Finance Corporation board of directors

E695072

The Reconstruction Finance Corporation board of directors was the governing body that oversaw and directed the lending and financial assistance activities of the U.S. government’s Reconstruction Finance Corporation during the Great Depression and subsequent years.

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Statements (44)

Predicate Object
instanceOf governing body
appliesToJurisdiction United States government
surface form: United States federal government
appliesToPeriod Great Depression NERFINISHED
New Deal era
World War II era
post–World War II period
appointedBy President of the United States
country United States of America
surface form: United States
dissolvedAlongWith Reconstruction Finance Corporation NERFINISHED
fieldOfWork economic policy
financial regulation
public finance
follows Reconstruction Finance Corporation Act of 1932 NERFINISHED
hasAuthorityOver Reconstruction Finance Corporation financial assistance programs
Reconstruction Finance Corporation lending policy
Reconstruction Finance Corporation loan approvals
hasDuty approve major loans and guarantees
ensure solvency of Reconstruction Finance Corporation
oversee management of Reconstruction Finance Corporation assets
report to executive and legislative branches
set strategic priorities for Reconstruction Finance Corporation
hasJurisdictionOver federal emergency lending programs administered by Reconstruction Finance Corporation
hasMember chairman of the Reconstruction Finance Corporation
directors appointed by the President of the United States
hasResponsibilityFor policy decisions on loans to agriculture and industry
policy decisions on loans to banks
policy decisions on loans to railroads
policy decisions on loans to state and local governments
hasRole direction of financial assistance activities
direction of lending activities
oversight of Reconstruction Finance Corporation
inception 1932
legalForm federal government board
locatedInTheAdministrativeTerritorialEntity Washington, D.C.
parentOrganization Reconstruction Finance Corporation NERFINISHED
partOf New Deal agencies governance structure
United States economic recovery efforts
United States emergency credit system during the Great Depression NERFINISHED
sector public sector
subjectTo oversight by the United States Congress
usedFor financing of public works and relief projects
implementation of federal credit policy
stabilization of banks and financial institutions
support of railroads and other key industries

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Reconstruction Finance Corporation Act administeredBy Reconstruction Finance Corporation board of directors