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Defense Production Act; Long title: An Act to establish a system of priorities and allocations for materials and facilities, authorize the requisitioning thereof, provide financial assistance for expansion of productive capacity and supply, provide for price and wage stabilization, provide for the settlement of labor disputes, strengthen controls over credit, and by these measures facilitate ...
The National Defense Resources Preparedness executive order (Executive Order 13603) is an order of the President of the United States, signed by President Barack Obama on March 16, 2012. [1] The purpose of this executive order is to delegate authority and address national defense resource policies and programs under the Defense Production Act ...
By authority of the Defense Production Act of 1950, President Harry S. Truman established the Office of Defense Mobilization (ODM) by Executive Order 10193, issued December 16, 1950. ODM's charge was to regulate the economy so that defense production needs could be met, even if this meant restricting the flow of goods and services to the ...
The law authorizes the president to control the production of “essential materials and goods” in the name of national defense, according to the CRS. Under the act, the president can require ...
On Thursday, President Biden said he is invoking the Defense Production Act as part of his strategy to combat the spread of the coronavirus that has killed 400,000 Americans. Peter Shulman, a ...
"The (Defense) Department is proactively taking steps using Defense Production Act Title III authorities to increase domestic mining and processing of critical materials for the microelectronics ...
Defense Production Act Reauthorization: Modified the Defense Production Act to promote renewables and the smart grid; 2015 Consolidated Appropriations Act, 2016: Extended renewable energy tax cuts; Lifted crude oil export ban; 2020 Consolidated Appropriations Act, 2021, incorporating: Energy Act of 2020; Incentivized federal building energy ...
The agency was created by Department Order 123, issued September 11, 1950, under authority of the Defense Production Act of 1950 and Executive Order 10161 (issued September 9, 1950). The organization's function was to ensure the needs of the civilian economy were adequately represented in defense mobilization efforts, and that small businesses ...