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Hoover established the Reconstruction Finance Corporation to provide money to businesses and banks after the immediate effects of the Great Depression. This was a major contribution of financial aid from Hoover that was viewed as too little and too late in the eyes of the impatient U.S. citizens.

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Q: What is the Reconstruction Finance Corporation that Hoover passed?
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Related questions

What is related to the presidency of Herbert Hoover?

congress passed the budget and accounting act of 1921


Did President Hoover veto the reconstruction finance corporation throughout the great depression?

While President Hoover did veto the Reconstruction Finance Corporation bill, it was passed over his veto. He had already been defeated by Franklin Roosevelt the previous November and was only president for one more month after the veto.


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The reconstruction acts is required by government. This was passed after the American Civil War.


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What laws were passed during the reconstruction?


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