Biden signs order aimed at securing supply chains

President Joe Biden signed an executive order Wednesday intended to boost manufacturing jobs and reduce risks to national security by strengthening U.S. supply chains for advanced batteries, pharmaceuticals, critical minerals and semiconductors. (Feb. 24)

Video Transcript

JOE BIDEN: The vice president and I had a very productive meeting with a bipartisan group of senators and House members to address an issue of both concern to our economic security as well as our national security, the resilience and reliability of our critical supply chains. This is a critical area where Republicans and Democrats agreed. It was one of the best meetings-- it's the best being I think we've had so far even though we've been here about five weeks. It was like the old days. People were actually on the same page.

The bottom line is simple the American people should never face shortages in the goods and services they rely on, whether that's their car, or the prescription medicines, or the food at the local grocery store. That should have never happened. And it shall never happen again in the United States, period.

We shouldn't have to rely on a foreign country, especially one that doesn't share our interests or our values, in order to protect and provide our people during a national emergency. And today, I'm going to be signing another executive order that will help address the vulnerabilities in our supply chains across additional critical sectors of our economy so that the American people are prepared to withstand any crisis and rely on ourselves. This is about making sure the United States can meet every challenge we face in this new era, pandemics, but also in defense, cyber security, climate change, and so much more.

This is the United States of America. We are better prepared to meet the challenges of the 21st century than any country in the world. There is nothing, nothing, nothing we've ever failed to achieve if we work together. And that's what we decided to do today. And that's what we're going to do, work together.