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Legislation

Signs Economic Cooperation Act (Marshall Plan) into law

President Truman signed the Economic Cooperation Act, creating the Economic Cooperation Administration (ECA) and authorizing U.S. aid for European recovery under the Marshall Plan.

Signs Economic Cooperation Act (Marshall Plan) into law

The law provided the legislative authority and funding for the Marshall Plan, shaping U.S. foreign policy and helping rebuild Western Europe after World War II, with long-term geopolitical and economic consequences.

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