TEXT OF A LETTER FROM THE PRESIDENT TO THE CHAIRMAN OF THE SENATE COMMITTEE ON BANKING, HOUSING, AND URBAN AFFAIRS AND THE CHAIRWOMAN OF THE HOUSE COMMITTEE ON FINANCIAL SERVICES

Office of the Press Secretary FOR IMMEDIATE RELEASE March 12, 2019 TEXT OF A LETTER FROM THE PRESIDENT TO THE CHAIRMAN OF THE SENATE COMMITTEE ON BANKING, HOUSING, AND URBAN AFFAIRS AND THE CHAIRWOMAN OF THE HOUSE COMMITTEE ON FINANCIAL SERVICES   March 12, 2019 Dear Mr. Chairman:  (Dear Madam Chairwoman:) In accordance with section 303(a)(6)(A) of the Defense Production Act of 1950, as amended (the "Act") (50 U.S.C. 4533(a)(6)(A)), I transmit herewith notice of a shortfall in the defense industrial base relating to production capability for AN/SSQ series sonobuoys and of actions to remedy that shortfall.  The Department of Defense will take actions to develop and purchase equipment and materials needed for expanding production capability for AN/SSQ series sonobuoys. I have also included my determination required pursuant to section 303(a)(5) of the Act.  These proposed initiatives are essential to the national defense.           Sincerely,                                   DONALD J. TRUMP