Biden executive order formalizes supply chain resilience council

President Biden on Friday formalized the White House Council on Supply Chain Resilience via executive order, directing it to complete a sweeping review of critical supply chains by the end of the year. The June 14 order says the council must “coordinate and promote Federal Government efforts to strengthen long-term supply chain resilience and American industrial competitiveness;” identify and respond to supply chain vulnerabilities; and work with “allies and partners to foster greater global supply chain resilience.” To do so,...