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During his term, he supported a temporary extension of wartime price controls and the draft and the right to strike.
In 1942, Porter left CBS to join the Office of Price Administration as deputy administrator, and then assistant director of the Office of Economic Stabilization under Fred M. Vinson.
An economist with the U.S. Office of Price Administration from 1941 to 1946, he went on to teach economics at Carnegie Tech (now Carnegie Mellon University) in Pittsburgh, Pennsylvania, from 1946 to 1947, and at Washington State College in Pullman, Washington, from 1947 to 1951.