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On This Day in 1931
The Davis-Bacon Act took effect today. It orders contractors on federally financed or assisted construction projects to pay wage rates equal to those prevailing in local construction trades. ~DC Labor

March 03, 2021
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Biden Signs ‘Buy American’ Order, Pledges to Renew U.S. Manufacturing
Updated On: Jan 27, 2021
Jan. 26, 2021 | ECONOMY | President Joe Biden vowed on Monday to leverage the purchasing power of the U.S. government, the world’s biggest single buyer of goods and services, to strengthen domestic manufacturing and create markets for new technologies. The Democratic president signed an executive order aimed at closing loopholes in existing “Buy American” provisions, which apply to about a third of the $600 billion in goods and services the federal government buys each year. The order will make any waivers more transparent and create a senior White House role to oversee the process… Reuters  Related: Teamster Union applauds President Biden’s efforts to reform and strengthen Buy American policies.

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