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Reconstruction Finance Corporation |
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| The Reconstruction Finance Corporation, popularly known as the RFC, was established in 1932 under the sponsorship of President Hoover and expanded during the administration of Franklin Roosevelt. The corporation made loans to banks, insurance companies, and industrial corporations as a way of restoring credit during the Great Depression. Toward the end of the decade, it made loans to defense-related industries. It was officially dissolved in 1953 during the administration of Dwight D. Eisenhower. | |||
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Hoover Home | Hoover Online Index | Biographical Sketch of Herbert Hoover | Hoover Online | Hoover and Belgian Relief |
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 National Archives and Records Administrationhoover.webmaster@nara.gov Last updated: June 20, 2001 |
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