CONGRESSMAN PAT RYAN AND JOHN JAMES’ BIPARTISAN “PROMOTING RESILIENT SUPPLY CHAINS ACT” TO BRING DOWN COSTS AND CREATE GOOD-PAYING JOBS PASSES HOUSE
Congressman Pat Ryan and John James’ Bipartisan “Promoting Resilient Supply Chains Act” to Bring Down Costs and Create Good-Paying Jobs Passes House
Ryan and James, West Point classmates, led the legislation which will strengthen supply chains and create manufacturing jobs by fostering private and public sector collaboration
WASHINGTON, DC – Last night, Congressman Ryan and his West Point classmate Congressman John James’ (R-MI) “Promoting Resilient Supply Chains Act,” bipartisan legislation to strengthen supply chains and create manufacturing jobs by fostering collaboration between the government and the private sector, passed the U.S. House of Representatives.
“Lowering costs and bringing good-paying jobs to the Hudson Valley is my top priority, and I’ll work with anyone to deliver. This bipartisan legislation is a win-win – by increasing public-private partnerships and strengthening our supply chains, we’ll bring down costs AND bring jobs back to our community,” said Congressman Pat Ryan. “I’m proud to have led this effort with my friend and West Point classmate John James. Its passage is a huge step in the right direction, and I’ll keep pushing relentlessly every day to combat the affordability crisis.”
The “Promoting Resilient Supply Chains Act” will strengthen American supply chains by promoting collaboration between the government and the private sector, to ensure that the most updated and state of the art technologies are utilized to make our supply chains function as efficiently as possible. Bolstering our supply chains will bring down everyday costs––from groceries to pharmaceuticals––and, in the process, will identify areas for new job growth in the manufacturing sphere.
Recent national and international events, be it broadening geopolitical conflict, the global pandemic, or natural disasters, have exposed weaknesses in American supply chain networks that weaken our strength and security. The U.S. is heavily reliant on single countries for critical supply chain segments, including manufacturing components, critical minerals, and active pharmaceutical ingredients. This concentration poses a significant risk of disruption. Most U.S. companies currently lack full visibility into their supply chains, with estimates suggesting that more than 90 percent do not have complete transparency throughout their entire supply chain.
The “Promoting Resilient Supply Chains Act”:
- Charges the Department of Commerce’s Assistant Secretary for Industry and Analysis with promoting the stability and resilience of critical supply chains.
- Creates a new government-wide “Supply Chain Resilience Working Group,” led by the Assistant Secretary, to prepare for and respond to supply chain shocks by mapping, monitoring and modeling U.S. supply chains for critical industries and emerging technologies in consultation with the private sector. The Group will identify any gaps or vulnerabilities for critical goods, including any gaps in manufacturing, warehousing, transportation and distribution.
- Requires the Assistant Secretary to evaluate the impact supply chain shocks could have on market stability and the current state of the U.S. manufacturing workforce and its needs. The initiative will identify opportunities to build manufacturing capacity in critical industries and emerging technology, and to create high-quality American jobs.
- Requires ongoing reporting to inform Congress and the public, including a “National Strategy and Review” on critical supply chain resiliency and U.S. manufacturing” that identifies critical and emerging technologies, industries and supply chains.
The bill was also sponsored by Congresswoman Debbie Dingell (D-MI), Congressman Mike Kelly (R-PA), Congresswoman Erin Houchin (R-IN), and Congresswoman Robin Kelly (D-IL).
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