Democrats consider Office of Price Administration as policy template

Democrats are using the Office of Price Administration as a policy template in the House. According to Hakeem Jeffries, the party plans to create working groups to lower the cost of housing, gas, utilities, groceries, and healthcare if they gain control of the House. The Office of Price Administration was established by President Franklin D. Roosevelt’s Executive Order on August 28, 1941, to fix prices during wartime shortages.

The consideration of the Office of Price Administration suggests a push for greater government intervention to control costs. Historically, the OPA fixed prices for consumer goods, but after it shut down in 1947, consumer prices generally increased by about 6%.