The following statement is attributed to Gary Shapiro, president and CEO, Consumer Technology Association (CTA)®, regarding President Biden’s launch of a comprehensive review of the U.S. supply chain—specifically identifying vulnerabilities in key product lines and industry, all of which include technology on some scale. 

“Technology is the backbone of the American economy and our global competitiveness—and we applaud President Biden’s comprehensive, open approach to reviewing our nation’s supply chain. Specifically, we are pleased to see the administration examine our supply chain in the context of recent world events including COVID-19. These are not easy problems to tackle. Much has changed in the past year alone and fixing any weaknesses now will preserve our nation’s resilience in the future. We appreciate the administration’s commitment to transparency and private sector engagement as it looks for thoughtful policy solutions. We look forward to helping the administration with its review.”