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The Office of Price Administration (OPA) was established within the Office for Emergency Management of the United States government by Executive Order 8875 on August 28, 1941. The functions of the OPA were originally to control money ( price controls ) and rents after the outbreak of World War II .
The Act of Congress established the Office of Price Administration (OPA) as a federal independent agency being officially created by Franklin D. Roosevelt on April 11, 1941. [1] The H.R. 5990 legislation was passed by the 77th U.S. Congressional session and enacted into law by Franklin D. Roosevelt on January 30, 1942. [2]
The OPA directed the process of stabilization of prices and rents. [19] On May 11, 1941, President Roosevelt created the Office of Price Administration and Civilian Supply (OPACS). On August 28, 1941, it became the Office of Price Administration (OPA). After the US entered the war in December 1941, OPA was tasked with rationing and price controls.
Problems in price control by United States Office of Temporary Controls. U.S. Govt. Print. Off., 1948; The beginnings of OPA by United States Office of Temporary Controls. Office of Temporary Controls, Office of Price Administration, 1947; Guaranteed wages by United States Office of Temporary Controls. U.S. Govt. Print.
Leon Henderson (May 26, 1895 – October 19, 1986 [1]) was the administrator of the Office of Price Administration from 1941 to 1942. He also served as a member of several United States federal government agencies during World War II .
By the time Biden took office, the price was back up to $212. After several fits and starts, the travel industry recovered, prices started rising, and the average cost of airfare topped out at ...
In 1940, he was chosen as a consultant for the Temporary National Economic Committee, and in 1941, when America entered World War II, he was selected as a price executive for the Office of Price Administration(OPA). In April 1942, he was chosen to direct the retail trade and services division of the OPA. [3]
When Matthew Pigatt stepped down as Opa-locka mayor in late 2021, he made allegations of a corrupt government and mismanagement as the reasons for his departure.