HARD ROCK Act of 2022
Last action on Jun 14, 2022Read twice and referred to the Committee on Banking, Hous...
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Summary
The HARD ROCK Act of 2022 aims to strengthen the United States’ domestic supply of critical minerals and materials necessary for national defense and modern technology. The bill grants the Department of Defense expanded authority to acquire and manage materials for the National Defense Stockpile to reduce reliance on foreign adversaries for essential resources. For everyday citizens, this legislation is intended to protect national security and stabilize the supply chains for products ranging from smartphones and electric vehicle batteries to medical equipment.
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