Westinghouse

Atomic Energy Act Creates AEC, Establishes Unprecedented Peacetime Secrecy Regime

| Importance: 9/10

President Harry Truman signs the Atomic Energy Act of 1946 on August 1, establishing the Atomic Energy Commission (AEC) to control the development and production of nuclear weapons and to develop nuclear power. The act creates unprecedented peacetime secrecy powers and establishes the framework for …

Congress Harry Truman Brien McMahon Atomic Energy Commission David Lilienthal +2 more national-security-state regulatory-capture secrecy nuclear-industry military-industrial-complex +1 more
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NBC Created as RCA Establishes Radio Broadcasting Monopoly

| Importance: 8/10

Radio Corporation of America created the National Broadcasting Company through acquisition and merger of the WEAF and WJZ station chains, establishing the first major commercial radio broadcasting network in the United States. RCA owned 50 percent of NBC, with General Electric holding 30 percent and …

David Sarnoff Radio Corporation of America General Electric Westinghouse AT&T media-consolidation monopoly-power institutional-capture corporate-capture
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