Quick Summary

• Gives the President wide-ranging powers to strengthen the US industrial base 
• Has been around without changing that much since 1953
• Has provisions which allow firms to make voluntary agreements that would normally be illegal under antitrust law 
• Provided the legal authority for many of the provisions in Biden's recent Executive Order on AI 

The Defence Production Act

The Defence Production Act (DPA) has been reauthorised (and modified) by Congress since 1950, and in 1953 its powers very significantly reduced. I’m confident that it will continue to be passed - in a roughly similar form - for the foreseeable future. The current version was passed in 2019 under a Republican senate and is due for reauthorisation in 2025.

Since the Obama Presidency, there's Republicans have begun to try to prevent bills proposed by Democrats from being passed by default. This is particularly easy for non-spending bills since [...]

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Narrated by TYPE III AUDIO.