In 1933 Keyserling became an attorney for the newly constituted Agricultural Adjustment Administration, a New Deal agency that distributed subsidies to reduce crop area. From 1933 to 1946 he was a consultant economist to the Senate on a variety of social, economic, industrial, and financial issues, during which time he also served as a legislative assistant to Democratic New York Senator Robert F. Wagner (1933–37) and several positions, including general counsel, to the US Housing Authority, Federal Public Housing Authority, and National Housing Agency (1937–46). It was during his time with Wagner that Keyserling participating in drafting various New Deal initiatives, including the National Industrial Recovery Act, the Social Security Act, and the National Labor Relations Act.
In 1946 Keyserling became a member of the Vice Chairman of the newly created Council of Economic Advisers, later becoming the Acting Chairman in 1949 and the Chairman in 1950; he left as Chairman in 1953.
Read more about this topic: Leon Keyserling
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