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This Happened

This Happened - April 3: Marshall Plan Launched

The Marshall Plan was signed into law by U.S. President Harry Truman on this day, 1948.

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What was the Marshall Plan?

The Marshall Plan, officially known as the European Recovery Program, was a plan proposed by U.S. Secretary of State George Marshall in 1947 to provide economic aid to Western European countries devastated by World War II.

How much aid did the Marshall Plan provide?

The Marshall Plan provided over $13 billion in economic aid to Western European countries between 1948 and 1951. Sixteen countries received aid under the Marshall Plan, including France, Germany, Italy, and the United Kingdom.

What was the impact of the Marshall Plan?

The Marshall Plan helped to rebuild the economies of Western European countries and was seen as a major factor in the post-War economic recovery of Europe. It also helped to prevent the spread of communism in Europe and contributed to the strengthening of the United States' relationships with its European allies.

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eyes on the U.S.

Murdoch's Resignation Adds To Biden Good Luck With The Media — A Repeat Of FDR?

Robert Murdoch's resignation from Fox News Corp. so soon before the next U.S. presidential elections begs the question of how directly media coverage has impacted Joe Biden as a figure, and what this new shift in power will mean for the current President.

Close up photograph of a opy of The Independent features Rupert Murdoch striking a pensive countenance as his 'News of the World' tabloid newspaper announced its last edition will run

July 7, 2011 - London, England: A copy of The Independent features Rupert Murdoch striking a pensive countenance as his 'News of the World' tabloid newspaper announced its last edition will run July 11, 2011 amid a torrid scandal involving phone hacking.

Mark Makela/ZUMA
Michael J. Socolow

Joe Biden was inaugurated as the 46th president of the United States of America on Jan. 20, 2021.

Imagine if someone could go back in time and inform him and his communications team that a few pivotal changes in the media would occur during his first three years in office.

There’s the latest news that Rubert Murdoch, 92, stepped down as the chairperson of Fox Corp. and News Corp. on Sept. 21, 2023. Since the 1980s, Murdoch, who will be replaced by his son Lachlan, has been the most powerful right-wing media executivein the U.S.

While it’s not clear whether Fox will be any tamer under Lachlan, Murdoch’s departure is likely good news for Biden, who reportedly despises the media baron.

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