The COVID-19 pandemic and resulting economic crisis significantly disrupted supply chains around the world, forcing many families to navigate empty store shelves, endure longer delivery times, and pay higher prices at the register. Supply chain bottlenecks for critical inputs, like semiconductors, exposed major U.S. economic and national security vulnerabilities, many of which were decades in…
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Issue Brief: Supply Chain Resilience
Economic shocks caused by the Covid-19 pandemic severely disrupted global supply chains. At the same time, Covid-related shutdowns rapidly rotated consumer demand towards goods and away from in-person services. This collision of pandemic-induced supply shocks and strong demand for goods generated inflationary pressure across the global economy. As suppliers were unable to meet elevated demand,…
Memorandum on Presidential Waiver of Statutory Requirements Pursuant to Section 303 of the Defense Production Act of 1950, as amended, on Department of Defense Supply Chains Resilience
MEMORANDUM FOR THE SECRETARY OF DEFENSE SUBJECT: Presidential Waiver of Statutory Requirements Pursuant to Section 303 of the Defense Production Act of 1950, as amended, on Department of Defense Supply Chains Resilience By the authority vested in me as President by the Constitution and the laws of the United States of America, including…
Press Briefing by Press Secretary Karine Jean-Pierre, Secretary of Transportation Pete Buttigieg, and Deputy Commandant for Operations for the U.S. Coast Guard Vice Admiral Peter Gautier
1:26 P.M. EDT MS. JEAN-PIERRE: Good afternoon, everyone. Q Good afternoon. MS. JEAN-PIERRE: Thank you for joining us. Thank you for joining us. Okay. I have a couple things at the top. And as you can see, we have guests with us today. Our hearts go out to the families of the six individuals still…
Remarks by President Biden on Bidenomics | Philadelphia, PA
Philadelphia ShipyardPhiladelphia, Pennsylvania 1:07 P.M. EDT THE PRESIDENT: Hello, Philly! Have a seat if you have one. (Applause.) Emily, thank you for that introduction. I tell you what, Mayor Kenney, thanks for the passport back into the city. I think the only reason why it was allowed to happen is I married a Philly girl.…
Executive Order on Advancing Biotechnology and Biomanufacturing Innovation for a Sustainable, Safe, and Secure American Bioeconomy
By the authority vested in me as President by the Constitution and the laws of the United States of America, it is hereby ordered as follows: Section 1. Policy. It is the policy of my Administration to coordinate a whole-of-government approach to advance biotechnology and biomanufacturing towards innovative solutions in health, climate change, energy, food…
Press Gaggle by Press Secretary Karine Jean-Pierre En Route Raleigh, NC
Aboard Air Force OneEn Route Raleigh, North Carolina 2:00 P.M. EDT MS. JEAN-PIERRE: Okay. A couple things at the top. I know we’re going to have to go real quick here. So, you all heard from President earlier on the tragic collapse of the Francis Scott Key Bridge in Baltimore, Maryland. This morning, the President…
FACT SHEET: The Biden Administration’s Unprecedented Actions to Expand and Improve Trucking Jobs
Since Day 1, the Biden-Harris Administration has taken on the supply chain disruptions and price increases resulting from the decades-long lack of investment in the nation’s goods movement supply chain. The Administration enacted the Bipartisan Infrastructure Law to bring our infrastructure to the 21st century, worked with ports to clear the docks and gets good…
FACT SHEET: Biden-Harris Administration Delivers on Made in America Commitments
Investments in U.S. Manufacturing, Historic Buy American Update Fuel a Recovery That Is Made in America Since his first day in office, President Biden relentlessly focused on an industrial strategy to revitalize our manufacturing base, strengthen critical supply chains, and position U.S. workers and businesses to compete and lead globally in the 21st century. This…
FACT SHEET: Accelerating the U.S. – Africa Partnership After the 2022 U.S.-Africa Leaders Summit
Since the U.S.-Africa Leaders Summit in December 2022, President Biden kicked off an extraordinary year of U.S. engagement with Africa and made progress in delivering on our high-profile commitments announced during the Summit. The Biden-Harris Administration is over-delivering on our commitment to invest $55 billion in Africa over three years. Over the last year, the…