Follow Eugene Isaac Meyer through 3 dated historical records for United States of America.
A chronological timeline drawn from matching World History Database records.
Federal Reserve governor Eugene Meyer supports creation of the Reconstruction Finance Corporation, which is established to provide emergency credit to banks, railroads, and other institutions during the Depression.
Role range: 1930-1933
Federal legislation adds section 13(3) to the Federal Reserve Act, allowing Reserve Banks in unusual and exigent circumstances to lend to individuals, partnerships, and corporations that cannot obtain adequate credit elsewhere.
Role range: 1930-1933
The Federal Reserve Board authorises Reserve Banks to begin using the newly enacted section 13(3) emergency-lending authority, extending the System's crisis tools beyond its traditional member-bank borrowers.
Role range: 1930-1933
These dates and descriptions come from the historical_events database. Exact duplicate records have been collapsed. Names are grouped by the country, Name 2 and Name 1 fields; records with missing Name 2 cannot be reliably assigned to an individual biography. Check the underlying sources before formal citation.