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President Joe Biden speaks at North Carolina Agricultural and Technical State University, in Greensboro, N.C., on April 14, 2022. Biden plans to nominate Michael Barr to be the Federal Reserve's vice chairman of supervision. The selection of Barr comes after Biden's first choice for the Fed post, Sarah Bloom Raskin, withdrew her nomination a month ago AP Photo/Carolyn Kaster
The Biden administration is directing federal agencies to prioritize purchasing American-made iron and steel for infrastructure projects.
A document released Monday from the Office of Management and Budget offers guidance on how to implement “made in America” requirements from the $1.2 trillion infrastructure plan signed into law in November.
