This executive order directs the attorney general and chairman of the Federal Trade Commission (FTC) to each establish a food supply chain security task force within the Department of Justice (DOJ) and FTC that are to take all necessary actions to investigate food related industries and determine whether anti-competitive behavior exists in food supply chains in the United States and whether control of food related industries by foreign entities is increasing the cost of food products in the United States or creating a national or economic security threat to Americans. If the DOJ Food Supply Chain Security Task Force uncovers any evidence of criminal collusion, the attorney general shall commence criminal proceedings as appropriate.

The task forces are to jointly brief the speaker of the House, the Senate majority leader and chairs of congressional committees of jurisdiction with a summary of their progress with 180 and 365 days of the date of this order.