Senators introduce bill to create Commerce ‘supply chain preparedness’ office

Four senators, led by Marco Rubio (R-FL) and Chris Coons (D-DE), on Friday proposed legislation to establish within the Commerce Department an “Office of Supply Chain Preparedness” to oversee new efforts to bolster U.S. manufacturing. The bill would appropriate $1 billion over five years to implement various provisions. “The pandemic made it impossible to ignore the vulnerability of America’s supply chains and the structural deficiencies underlying our productive capacity,” Rubio said in a statement. “We cannot afford to be caught...