Steven Fenberg - FDR's Reconstruction Finance Corp - A Model for Today
Channel: Coalition for a National Infrastructure Bank
Date: 2021-11-28

On Nov 18, 2021, Steven Fenberg, Emmy award-winning writer and executive producer of, "Brother, Can You Spare a Billion?", spoke at a meeting of the National Infrastructure Bank Coalition. 

His presentation centered on the historical precedent of the RFC for today. The RFC created millions of jobs, financed the building of an astonishing number of bridges, water and hydroelectric systems. In fact, the RFC created entirely new industries, including emphatically synthetic rubber. 

The RFC is a model for what we can do today with the $5 Trillion National Infrastructure Bank as outlined in a bill before Congress, HR 3339.