Posted 11/27/2023, 11:33:00 AM
Biden Takes Action to Strengthen Supply Chains and Reduce Shortages
- Biden to convene first meeting of new supply chain resilience council and announce 30 actions
- Actions aim to improve access to medicines, economic data, production and shipment of goods
- Comes after supply chain issues fueled inflation in 2021
- Biden to use Defense Production Act to invest $35 million in domestic medicine manufacturing
- Council co-chaired by Brainard and Sullivan; includes Cabinet heads and economic advisers