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President Trump invoked a Korean War-era act "if we need it" as part of a plan to combat the coronavirus. Photo: Chip Somodevilla/Getty Images

President Trump says he has invoked the Defense Production Act but has provided few details about what he's ordered to address the coronavirus outbreak in the U.S.

Why it matters: Hospitals around the country are coping with a lack of medical supplies and respirators as the number of Americans in need of treatment for COVID-19 rises. The act would authorize Trump to use his presidential powers to direct the private sector to ramp up the production of critically needed materials, like masks and ventilators, in the interest of national defense.

  • At a news briefing on Friday, Trump said he had invoked the act "yesterday," but at Thursday's briefing confirmed he had proceeded with no authorizations under the act.
  • Trump said Thursday the states are responsible for adequate supplies to hospitals, and that he would make orders under the act "if we were desperately in need of something -- and we, frankly, will know about that very shortly."

What it does: President Harry Truman signed the Defense Production Act of 1950 to address the lack of war-time equipment during the Korean War, but Congress has expanded the act to generally cover all national emergencies. Presidents have invoked it more than 50 times during crises like hurricanes and to prevent terrorism.

  • It lets the president provide the private sector with incentives to "expand the production and supply of critical materials and goods," through loans, loan guarantees, direct purchases, and purchase commitments.
  • The president could also require companies to prioritize government contracts and orders that are for national defense interests.
  • The president could establish voluntary agreements with private industries and block proposed foreign corporate mergers, acquisitions, or takeovers that threaten national security.

The act was most recently invoked in 2017 after the Hurricane Maria devastated Puerto Rico, as the Federal Emergency Management Agency looked to prioritize contracts for food, bottled water, manufactured housing units.

Go deeper

Broncos and 49ers the latest NFL teams impacted by coronavirus crisis

From left, Denver Broncos quarterbacks Drew Lock, Brett Rypien and Jeff Driskel during an August training session at UCHealth Training Center in Englewood, Colorado. Photo: Justin Edmonds/Getty Images

The COVID-19 pandemic has thrown the NFL season into chaos, with all Denver Broncos quarterbacks sidelined, the San Francisco 49ers left without a home or practice ground and much of the Baltimore Ravens team unavailable, per AP.

Driving the news: The Broncos confirmed in a statement Saturday night that quarterbacks Drew Lock, Brett Rypien and Blake Bortles were identified as "high-risk COVID-19 close contacts" and will follow the NFL's mandatory five-day quarantine, making them ineligible for Sunday's game against New Orleans.

Updated 11 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: WHO: AstraZeneca vaccine must be evaluated on "more than a press release."
  2. Politics: McConnell temporarily halts in-person lunches for GOP caucus.
  3. Economy: Safety nets to disappear in DecemberAmazon hires 1,400 workers a day throughout pandemic.
  4. Education: U.S. public school enrollment drops as pandemic persists.
  5. Cities: Surge in cases forces San Francisco to impose curfew — Los Angeles County issues stay-at-home order, limits gatherings.
  6. Sports: NFL bans in-person team activities Monday, Tuesday due to COVID-19 surge — NBA announces new coronavirus protocols.
  7. World: London police arrest more than 150 during anti-lockdown protests — Thailand, Philippines sign deal with AstraZeneca for vaccine.

Tony Hsieh, longtime Zappos CEO, dies at 46

Tony Hsieh. Photo: FilmMagic/FilmMagic

Tony Hsieh, the longtime ex-chief executive of Zappos, died on Friday after being injured in a house fire, his lawyer told the Las Vegas Review-Journal. He was 46.

The big picture: Hsieh was known for his unique approach to management, and following the 2008 recession his ongoing investment and efforts to revitalize the downtown Las Vegas area.