Such actions have already begun as some people try to cash out on others problems….
Attorney General William Barr detailed the executive order at a White House briefing Monday evening, saying it would prohibit people from accumulating critical supplies amid the coronavirus outbreak in an effort to profit off of them.
Barr said the Department of Justice (DOJ) had seen potential evidence of hoarding and price gouging amid the pandemic.
Trump is authorized under the Defense Production Act to prohibit hoarding of needed resources by designating them as scarce or threatened by people accumulating excessive amounts, Barr said.
The executive order signed by Trump on Monday gives Health and Human Services (HHS) Secretary Alex Azar the authority to designate certain supplies as critical, meaning those found to be hoarding or price gouging such equipment could face criminal action, Barr said.
“Once specific materials are so designated, persons are prohibited from accumulating those items in excess of reasonable personal or business needs or for the purpose of selling them in excess of prevailing market prices,” Barr said.
“It is a crime to engage in prohibited activity,” the attorney general continued….