Biden-Harris Administration, Companies Announce Major Investments to Expand Domestic Critical Minerals Supply Chain, Breaking Dependence on China and Boosting Sustainable Practices Critical minerals provide the building blocks for many modern technologies and are essential to our national security and economic prosperity. These minerals—such as rare earth elements, lithium, and cobalt—can be found in products from…
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FACT SHEET: President Biden to Highlight Clean Energy Manufacturing and Deployment Investments that Cut Consumer Costs, Strengthen U.S. Energy Sector, and Create Good-Paying Jobs
President Biden campaigned on a bold vision of tackling the climate crisis with the urgency that science demands by seizing the opportunity to build a strong domestic energy sector that can manufacture and deploy clean energy for the benefit of all Americans—with lower costs for families, good-paying jobs for workers, and healthier air and cleaner…
FACT SHEET: President Biden Announces New Actions to Strengthen America’s Supply Chains, Lower Costs for Families, and Secure Key Sectors
During the inaugural convening of the new White House Council on Supply Chain Resilience, President Biden will unveil more than 30 new actions to strengthen America’s supply chains As part of his Bidenomics agenda to lower costs for American families, President Biden is announcing nearly 30 new actions to strengthen supply chains critical to America’s…
FACT SHEET: President Biden Takes Action to Protect American Workers and Businesses from China’s Unfair Trade Practices
President Biden’s economic plan is supporting investments and creating good jobs in key sectors that are vital for America’s economic future and national security. China’s unfair trade practices concerning technology transfer, intellectual property, and innovation are threatening American businesses and workers. China is also flooding global markets with artificially low-priced exports. In response to China’s…
Remarks by President Biden on New Actions to Strengthen Supply Chains, Lower Costs for Families, and Help Americans Get the Goods They Need
2:29 P.M. EST THE PRESIDENT: Well, thank you very much, Pete. And it’s good to see you all. I — you know, we always talk about the big issues, the big things, but sometimes the big things work or don’t work based on whether or not the little things are in place, the mechanics are in place. Secretary…
Statement from Vice President Kamala Harris on CHIPS and Science Act Preliminary Terms
Semiconductors are the brain of modern technology. While they are no larger than a fingernail and no thicker than a piece of paper, they are essential to every electronic device that we currently use – from computers and televisions to cars and washing machines. Thanks to our Administration’s CHIPS and Science Act, we are announcing…
OMB Announces Pilot to Better Leverage Federal Acquisition to Strengthen America’s Critical Supply Chains
Since his first day in office, President Biden has 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. Today, in an effort to advance this priority, OMB is announcing the next phase of the…
Remarks by National Economic Advisor Lael Brainard on Responding to the Challenges of China’s Industrial Overcapacity
Center for American Progress As Prepared for Delivery It is a pleasure to join you at the Center for American Progress. Today, I want to talk about the President’s investment agenda and the trade enforcement that is necessary to make sure American jobs and investment are not undercut by China’s unfair trade practices. The President came…
FACT SHEET: Biden-Harris Administration Announces Key Actions to Strengthen America’s Electric Grid, Boost Clean Energy Deployment and Manufacturing Jobs, and Cut Dangerous Pollution from the Power Sector
Since Day One, President Biden has led and delivered on the most ambitious climate and environmental justice agenda in history, including securing the largest-ever climate investment. The power sector, which is responsible for a quarter of annual U.S. greenhouse gas emissions, now has more tools than ever – including unprecedented financial support, efficient permitting, and…
Understanding the Economics of Investing in America: A Collection of Resources
Heather Boushey, Chief Economist, Investing in America Cabinet President Biden’s economic vision—Bidenomics—is about building the economy from the middle out and the bottom up. It starts with recognizing that in recent decades, the U.S. economy has seen rising inequality, mounting costs from climate change, and economic shocks like the pandemic and Great Recession. The pace…