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1942 October 20 Trading with the Enemy Act Enforced

1942 October 20 Trading with the Enemy Act Enforced

Who: Prescott Bush

What: US government seizes US $2 million from Prescott Bush.

Where: USA

Why: Under the Trading with the Enemy Act, the United States government seized Prescott Bush’s assets from business dealings profiting from Jewish slave labor along side Nazi investors and banks.

Note: Due to political connections, all of the assets seized under the ‘Trading with the Enemy Act’ were returned to Prescott Bush following the end of World War II.

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