Integral and fundamental to a strong economy, when supply chains are smooth, prices for goods, food and equipment fall, thus putting more money in the pockets of American civilians. On day one of his Administration, President Biden signed an Executive Order on America’s Supply Chains and established a Supply Chain Disruptions Task Force that worked with states, Tribes, local governments, businesses, family farms, labor and allies and partners to address the acute supply chain crises caused by the pandemic into law.
According to The White House, today, President Biden is building on this progress by announcing bold new actions to further strengthen supply chains, lower costs for families, and help Americans get the goods they need, including:
- The creation of the Council on Supply Chain Resilience
- Use of the Defense Production Act to make more essential medicines in America and mitigate drug shortages
- New cross-governmental supply chain data-sharing capabilities