On Sunday, Director of Trade and Manufacturing Policy Peter Navarro warned price gougers that they can either get supplies to people, or be punished.
“Message to the hoarders: If you got any large quantities of material that this country needs right now, get them to market or get them to us,” Navarro said.
He added that he would use the Defense Production Act, if needed, to take the property from hoarders.
“We’ll pay you a fair price. But if you don’t do that, we’re going to come for you and make sure that doesn’t happen in this country,” he concluded, “And that would be a good use of the Defense Production Act.”
Oof...I don’t like hoarders any more than the next person but that seems like an overreach to me...
On Monday, President Donald Trump signed an executive order that is meant to prevent people from hoarding and price gouging during this crisis.
While details were not immediately made available to the press, a photo of Trump signing the order in the Oval Office, next to Attorney General Bill Barr, was released.
White House press secretary Stephanie Grisham said, “This sends a strong message – we will not let those hoarding vital supplies and price gougers to harm the health of America in this hour of need.”
President @realDonaldTrump just signed an EO to prevent hoarding & price gouging of supplies needed in our war against the #Coronavirus. This sends a strong message – we will not let those hoarding vital supplies & price gougers to harm the health of America in this hour of need. pic.twitter.com/eksxQOVKNM
— Stephanie Grisham (@PressSec) March 23, 2020
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