Ronald Reagan: “The authority vested in the President by Section 721 of the Defense Production Act of 1950, as amended, relative to…”

“The authority vested in the President by Section 721 of the Defense Production Act of 1950, as amended, relative to mergers, acquisitions, and takeovers proposed or pending on or after the date of enactment of the Act by or with foreign persons which could result in foreign control of persons engaged in interstate commerce in the United States.”