Biden Signs Economic Competition Executive Order

Official portrait of Vice President Joe Biden in his West Wing Office at the White House, Jan. 10, 2013. (Official White House Photo by David Lienemann) This official White House photograph is being made available only for publication by news organizations and/or for personal use printing by the subject(s) of the photograph. The photograph may not be manipulated in any way and may not be used in commercial or political materials, advertisements, emails, products, promotions that in any way suggests approval or endorsement of the President, the First Family, or the White House.

President Joe Biden signed an executive order Friday directing the Department of Agriculture to engage in rulemaking on several issues. The executive order, focused on promoting competition in the U.S. economy, includes provisions on livestock markets and right to repair. The order directs USDA to consider new rules under the Packers and Stockyards Act, to allow producers to bring and win claims under the Act more easily. President Biden also directed USDA to consider new rules defining the Product of USA label. Further, the order calls on USDA to develop a plan to increase market opportunities for farmers and ranchers. Finally, the order encouraged the Federal Trade Commission to limit equipment manufacturers from restricting access to farmers wishing to repair their own machinery, known as right to repair. American Farm Bureau Federation President Zippy Duvall says the action comes ”at a time when many in the farm supply chain are frustrated.” Duvall adds that more opportunities for farmers and ranchers to sell their products will ensure they are paid fairly while providing more options for America’s families.