Biden Administration Utilizes Defense Production Act to Tackle Inflation and Supply Chain Challenges

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Written By Jennifer Joslyn

The White House plans to use the Defense Production Act, a cold-war era law, to address supply chain issues contributing to inflation. President Biden will focus on improving domestic manufacturing of critical medicines, and a supply chain resilience council will be formed to address issues such as data sharing, renewable energy resources, and freight logistics. This move comes as Biden faces challenges in addressing voter concerns about rising inflation and economic issues ahead of the 2024 election.

Read more at The Guardian >

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Jennifer Joslyn
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