Biden Unveils Comprehensive Logistics Plan to Strengthen U.S. Supply Chain Resilience
President Joe Biden will convene the first meeting of his supply chain resilience council and announce 30 actions aimed at strengthening the U.S. logistics system. The actions include using the Defense Production Act to invest in domestic manufacturing of crucial medicines, improving data sharing among agencies to monitor supply chains, and partnering with the Energy Department on renewable energy resources. The announcement comes as supply chain problems have fueled higher inflation, which remains a political challenge for Biden ahead of the 2024 presidential election. The council will be co-chaired by Lael Brainard and Jake Sullivan, with members from various government departments.