White House Launches Task Force To Address Supply Chain Disruptions

The White House announced this week that it will establish a task force to address supply chain challenges in key sectors where 'a mismatch between supply and demand has been evident.' From a report: The task force will focus on 'homebuilding and construction, semiconductors, transportation, and agriculture and food' and will be led by the secretaries of commerce, agriculture and transportation, the White House said. As the U.S. has reopened its economy, changes in demand have caused the disruptions, the White House said.

'While these short-term supply chain disruptions are temporary, the president has directed his administration to closely monitor these developments and take actions to minimize the impacts on workers, consumers, and businesses in order to bolster a strong economic recovery,' it said. The actions come as the White House released the findings of a 100-day review of critical U.S. supply chain issues in a 250-page report Tuesday. The report includes recommendations that the White House said 'will not only strengthen the four prioritized supply chains, but will rebuild the U.S. industrial base and restart our innovation engine.'

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