Key Notes:
- Tighter requirements for domestic content under consideration.
- New Made in America Office to be established and Made in America director to be appointed.
- Waivers to domestic preference laws subject to heightened scrutiny.
As part of his “Build Back Better” initiative, President Biden issued an executive order (EO) Tuesday that tightens Buy American requirements by enhancing enforcement efforts, increasing domestic content requirements for U.S. goods, and making it more difficult to obtain waivers. The EO, “Executive Order on Ensuring the Future is Made in All of America by All of America’s Workers,” also establishes a centralized Made in America office within the Office of Management and Budget (OMB) to track compliance with the policy.