President Biden on Monday invoked the Defense Production Act to accelerate domestic production of clean energy technologies.
Price Futures Group senior analyst Phil Flynn, Kingsview Asset Management CIO Scott Martin and Payne Capital Management senior wealth adviser Courtney Dominguez weigh in on energy in the U.S., mortgage rates and investing tips.
The official added that with a "stronger" clean energy arsenal, the U.S. can be a stronger partner to allies around the globe – specifically amid Russia’s war in Ukraine. The president on Monday also directed the development of two tools to accelerate American-made clean energy: master supply agreements, which are expected to increase the speed and efficiency providers can sell their products to the government, and "super preferences," which will apply domestic content standards for federal procurement of solar systems.
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