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What Is the Defense Production Act?

When President Trump issued an executive order on March 18, 2020, invoking the Defense Production Act to prioritize the manufacturing of medical equipment such as ventilators, questions surfaced regarding the limitations of the president’s authority under this law to do so. Can the president use a Korean War-era law to force private companies to manufacture particular goods? Prof. Michael Abramowicz of The George Washington University Law School discusses the artificial price controls and other powers granted to the president by the Defense Production Act. https://youtube.com/watch?v=DgNhf63h5TE

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