Carolyn Kaster/AP President-elect Joe Biden will invoke a wartime production law, the Defense Production Act, to boost the production of vaccines after he's sworn-in.
"You will see him invoking the Defense Production Act," Dr. Celine Gounder, who's on Biden's COVID-19 advisory board, told CNBC on Monday.
The DPA gives the president broad authority to pressure US industries to produce supplies in the interest of national defense.
Visit Business Insider's homepage for more stories.