Eli Lehrer of R Street writes in The Hill on Biden’s Defense Production Act power grab.
- President Biden recently invoked the Defense Production Act to increase domestic production of rare earth minerals.
- Increasing the production of these metals is important, but it should not be accomplished by giving the executive branch more power.
- If policymakers want to truly address this issue, they should reduce regulations for mining and making permitting more efficient.
Read the full article here.