Supply Chain Resilience: New Office to Map, Monitor, and Respond to Crises.
This Act establishes a new office within the Department of Commerce to monitor and strengthen critical supply chains in the U.S. Its purpose is to ensure the nation has access to essential goods and services, even during crises, thereby protecting jobs and economic stability. Citizens may experience greater price stability and product availability during challenging times.
Key points
Creation of the Supply Chain Resiliency and Crisis Response Office to map and monitor critical supply chains.
The Office will identify vulnerabilities, develop crisis response plans (e.g., pandemics, natural disasters, cyberattacks), and support domestic manufacturing.
The Act aims to protect national and economic security, foster job creation in manufacturing, and promote production in economically distressed areas.
Collaboration with the private sector, labor organizations, and international allies to build resilient supply chains.
Status:
Expired
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