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/* World War II */ link
===World War II===
President Roosevelt merged the RFC, [[Board of Economic Warfare]] (BEW), and the [[Lend-Lease]] Office together under the direction of Leo Crowley, former head of the [[Federal Deposit Insurance Corporation]] (FDIC), which was one of the landmarks of the New Deal. Oscar Cox, a prime author of the [[Lend-Lease Act]], general counsel of the [[Foreign Economic Administration]] joined as well. [[Lauchlin Currie]], formerly of the [[Federal Reserve Board]] Board staff, was the deputy administrator to Crowley.
The RFC established seven new corporations, and purchased an existing corporation. The eight RFC wartime subsidiaries are Metals Reserve Company, [[Rubber Reserve Company]], Defense Plant Corporation, Defense Supplies Corporation, War Damage Corporation, U.S. Commercial Company,
