National Security: President Trump Signs Executive Order on Securing the United States Bulk-Power System

On May 1, President Donald Trump signed an executive order on “Securing the United States Bulk-Power System” (the “Order”) that gives the Department of Energy new authorities to block or mitigate certain transactions involving bulk-power system electric equipment designed, developed, manufactured or supplied by a “foreign adversary” based on national security risks posed by the transactions. This order marks the second Executive Order focused on addressing supply chain risks to critical assets.