Trending Politics··Friday, October 23, 2026, 6:25 PM

Trump Invokes Cold War Law In Push To Expand American Oil Production

President Donald Trump is turning to a powerful Cold War-era law to expand America’s domestic refining capacity, authorizing up to $150 million in federal funding as soaring fuel prices continue to squeeze American families and businesses. The move, announced Thursday, invokes the Defense Production Act of 1950, a law originally designed to strengthen American industry

Read the full story at Trending Politics

Opens trendingpoliticsnews.com in a new tab.

Also covering this story

What do you think?