Temporary National Economic Committee
   Following a message from President Franklin D. Roosevelt in April 1938 concerning issues of business monopoly, Congress established a Temporary National Economic Committee between 1938 and 1941 to perform a detailed study of the economy. The committee was chaired by Joseph C. O’Mahoney and consisted of senators, congressmen, and representatives from various government departments and agencies. It held 15 hearings and compiled 37 volumes of testimony. A number of monographs of a technical nature were also produced, along with the committee’s final report. Its recommendations were of a rather general nature: more antimonopoly regulation, a return to freer competition, and support for small businesses. They were largely ignored, particularly once the United States entered World War II.

Historical Dictionary of the Roosevelt–Truman Era . . 2015.

Look at other dictionaries:

  • Temporary National Economic Committee — The Temporary National Economic Committee was established by a joint resolution of Congress on June 16, 1938 and operated until its defunding on April 3, 1941. The TNEC s function was to study the monopoly powers and to report to Congress with… …   Wikipedia

  • Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… …   Universalium

  • National Institutes of Health — NIH redirects here. For other uses, see NIH (disambiguation). Coordinates: 39°00′02″N 77°06′09″W / 39.000443°N 77.102394°W / 39 …   Wikipedia

  • National Museum of Guyana — The National Museum of Guyana was established on 13 February 1868. The idea of starting a museum was conceived by members of the Royal Agricultural and Commercial Society (RACS) of British Guiana. When RACS was established in 1844, one of its… …   Wikipedia

  • National Asset Management Agency — Agency overview Formed Late 2009 Jurisdiction Ireland …   Wikipedia

  • National Organization for Women — Founder(s) 28 men and women, including Betty Friedan, Pauli Murray, and Shirley Chisholm Type 501(c)(3) Founded 1 …   Wikipedia

  • National Institutes of Technology — …   Wikipedia

  • National Science Foundation — Motto: Supporting Education and Research across all the fields of Science, Mathematics and Technology America s Investment in the Future Where Discoveries Begin Agency overview Formed 10 May 1950 …   Wikipedia

  • National Assembly of Serbia — Народна скупштина Србије Narodna skupština Srbije Type Type …   Wikipedia

  • National Front (United Kingdom) — National Front Leader Ian Edward Founded 1967 …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”