The Reconstruction Finance Corp (RFC) and the National Infrastructure Bank.  Steven Fenberg.
Channel: Coalition for a National Infrastructure Bank
Date: 2021-03-13

For more information:  https://nibcoalition.com

STEVEN FENBERG begins his presentation with, “I am always so happy to have the job of showing how what my colleagues are talking about really worked.”  He enthusiastically speaks on how the Reconstruction Finance Corporation (RFC) saved the United States during the Great Depression and WW11 and how the National Infrastructure Bank (NIB) can do the same thing today. Fenberg lays out in detail how the actions of the RFC saved homes, farms, banks and businesses, brought electricity to 90% of the American population who were living in the dark, and increased industrial output 50% from 1929-1936.  He points out that, “The RFC was embraced by Democrats, Republicans, Liberals, and Conservatives.”