President Roosevelt approves $1 billion in Lend-Lease aid to the Allied nations.

Franklin Delano Roosevelt, also known as FDR, was the 32nd president of the United States from 1933 until his death in 1945. He is the longest-serving U.S. president, and the only one to have served more than two terms. His first two terms were centered on combating the Great Depression, while his third and fourth saw him shift his focus to America's involvement in World War II.

Lend-Lease, formally the Lend-Lease Act and introduced as An Act to Promote the Defense of the United States, was a policy under which the United States supplied the United Kingdom, the Soviet Union, France, the Republic of China, and other Allied nations of the Second World War with food, oil, and materiel between 1941 and 1945. The aid was given free of charge on the basis that such help was essential for the defense of the United States.