America in Brief President Donald Trump announced a $700 million strategy to revive the coal industry, leveraging the Defense Production Act. This initiative aims to extend the operational life of existing coal plants, invest in upgrades, create jobs, and reduce electricity costs for Americans. The plan utilizes the Defense Production Act of 1950, originally signed during the Korean War to strengthen the domestic industrial base for national defense.

• President Trump announced a $700 million plan to revive the coal industry.
• The strategy utilizes the Defense Production Act, signed in April.
• The plan aims to lower energy prices and the cost of living.
• It involves extending the service life of existing coal plants, investing in upgrades, and creating jobs.
• The Defense Production Act of 1950 allows the president to bolster the domestic industrial base for national defense.