The Details: What Does the Executive Order Actually Do?
As part of the Biden Administration’s “Build Back Better” strategy, and in response to worldwide shortages and export restrictions of PPE highlighted by the COVID-19 pandemic and recent shortages of semiconductors, the EO promises a “whole of government” (read: interagency and, potentially, Congressional involvement) approach to achieve resilient supply chains and a robust US manufacturing base. The EO includes the goal of supporting jobs in the manufacturing sector and those directly and tangentially related to the manufacturing sector (think: everything from factory jobs to the marketing team advertising a finished electric car).