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The Defense Production Act. Read it here.

The president invoked the act Wednesday during a White House news briefing with members of the Coronavirus Task Force.

“It can do a lot of good things if we need it,” the president told reporters.

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The 1950 act was periodically used during both the Korean War and throughout the Cold War, and was last invoked in June 2017 by Trump to provide technology in the space industrial base.