The Consumer Brands Association supports the Promoting Resilient Supply Chains Act, which aims to establish a supply chain resiliency program at the Department of Commerce and improve preparedness for future crises. The association commends the bipartisan effort of Representatives Bucshon and Blunt Rochester and urges swift action by the House and Senate. The consumer packaged goods industry contributes $2 trillion to the US GDP and supports over 20 million American jobs.
Frequently Asked Questions
FAQ 1: What is the purpose of the Consumer Brands Association's statement on bipartisan legislation?
The purpose of the Consumer Brands Association's statement on bipartisan legislation is to respond to the Promoting Resilient Supply Chains Act and express the organization's views on the efforts being proposed to strengthen and secure the supply chain in the United States.
FAQ 2: What does the Promoting Resilient Supply Chains Act aim to achieve?
The Promoting Resilient Supply Chains Act aims to strengthen U.S. supply chain competitiveness and resiliency, particularly in light of challenges highlighted by disruptions in recent times. The act intends to address vulnerabilities in the supply chain and promote measures that will ensure its endurance against future disruptions.
FAQ 3: How does the Consumer Brands Association view the Promoting Resilient Supply Chains Act?
The Consumer Brands Association seems to support the bipartisan legislation, as it commends the efforts to address supply chain bottlenecks and strengthen U.S. supply chain competitiveness and resiliency. The association likely sees this as a positive step towards creating a more secure and efficient supply chain, though the exact details of their view would be found in the official statement which is not fully accessed here.
FAQ 4: Has the Consumer Brands Association been involved in promoting supply chain resilience before?
Yes, the Consumer Brands Association has previously been involved in promoting supply chain resilience, as evidenced by their push for House-passed supply chain provisions in the USICA Competes Act and their release of statements concerning issues like job reports and tariffs, which intersect with supply chain concerns.
FAQ 5: How can the public access the full statement from the Consumer Brands Association regarding bipartisan legislation?
To access the full statement from the Consumer Brands Association on bipartisan legislation to promote a resilient supply chain, the public should visit the Consumer Brands Association's website, specifically their press releases section where the statement would likely be published.