U.S. Law Defense Production Act of 1950

Gold Clearing House Blog.

U.S. Legislature Titled The Defense Production Act of 1950 is Still On The Books. The Defense ProductionAct Was Implemented During The Korean War To Prioritize The Production and Allocation of National Security Materials. National Defense includes Critical Infrastructure Protection and Restoration including Energy. The President May Allocate Materials Services and Facilities in Such A Manner Deemed Necessary to Promote U.S. National Security.