FACT SHEET: President Biden Announces New Actions to ...

FACT SHEET: President Biden Announces New Actions to ...

President Biden, at the new White House Council on Supply Chain Resilience's first meeting, announces nearly 30 measures aimed at bolstering American supply chains as part of his economic strategy to reduce costs for families. These actions include long-term planning, risk monitoring, and international cooperation to ensure the flow of goods and support economic and national security.

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FAQ: President Biden's Recent Executive Actions

1. What new standards for AI safety and security has President Biden established?                                                The Executive Order issued on October 30, 2023, establishes new standards aimed at ensuring artificial intelligence (AI) is safe, secure, and trustworthy, as well as protecting American's privacy and advancing equity and civil rights.

2. What was the Cancer Moonshot Summit, and what did it aim to achieve?                                                On June 28, 2016, Vice President Biden announced new actions at the Cancer Moonshot Summit to accelerate progress toward ending cancer. The initiative sought to double the rate of progress in cancer prevention, diagnosis, and treatment.

3. What changes to student loan forgiveness were announced by President Biden?                                                On June 30, 2023, President Biden announced actions to forgive loan balances after 10 years of payments for borrowers with original loan balances of $12,000 or less, rather than the previous 20-year requirement.