Office of Price Administration

Office of Price Administration

An OPA poster
Agency overview
Formed	August 28, 1941 (1941-08-28)
Preceding agency	Council of National Defense (World War I)[1]
Dissolved	May 29, 1947 (1947-05-29)
Superseding agencies	1942 siblings: Office of Economic Stabilization, Office of Production Management liquidated in 1947 to Agriculture, Justice, Commerce, RFC and others Similar functions later performed by Office of Price Stabilization (Korean War-era price board) Council of Economic Advisors (Kennedy-era price board)[2] Pay Board and Price Commission (Nixon-era price board)[2]
Jurisdiction	United States Government
Headquarters	Washington, D.C.
Agency executives	Leon Henderson, 1941–1942 Prentiss Marsh Brown, 1943 Chester Bliss Bowles, 1943–1946
Parent agency	Office for Emergency Management

The Office of Price Administration (OPA) was established within the Office for Emergency Management of the United States government by Executive Order 8875 on August 28, 1941. The functions of the OPA were originally to control money (price controls) and rents after the outbreak of World War II.^[3]