Biden to announce new Buy America rules for infrastructure spending

President Biden will announce during his State of the Union address proposed guidance to ensure construction materials used in federally funded projects are made in the U.S. -- a measure the White House says is crafted to close a loophole in Buy America laws. “For decades, Buy America laws focused on iron and steel and only covered certain federally funded infrastructure projects,” the White House said in a statement on Monday, ahead of Biden’s address on Tuesday. “This giant loophole...