BIDEN INVOKES DEFENSE PRODUCTION ACT FOR FORMULA

President Biden on Wednesday invoked the Defense Production Act to address the infant formula shortage in the United States.

The White House announced in a fact sheet that Biden would use the Cold War-era law to require suppliers to “direct needed resources to infant formula manufacturers before any other customer who may have ordered that good.”

“Directing firms to prioritize and allocate the production of key infant formula inputs will help increase production and speed up in supply chains,” the fact sheet said.