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Reconstruction Finance Corporation

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U.S. government agency established during the Great Depression to provide financial aid to banks, railroads, etc.

Last updated November 4, 2026

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Nov 4, 2026
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Overview

The Reconstruction Finance Corporation was a U.S. government agency established in 1932 to combat the Great Depression by providing loans and financial support to stabilize banks, railroads, and other key industries. It played a significant role during the New Deal and was dissolved in 1957.

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Government financial institution

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