The Biden administration is enlisting former Trump officials to convince Congress to pass legislation to bolster America’s semiconductor industry. In doing so, the Biden team is trying to depoliticize and add urgency to the China competition bill.
The bill has stalled because of differences between the House and the Senate on how much — and where — to spend billions of dollars to strengthen America's supply lines.Commerce Secretary Gina Raimondo is hosting H.R. McMaster, President Trump’s former national security adviser; Matthew Pottinger, another Trump NSC official; Eric Schmidt, the former CEO of Google; and members of Congress, including Sen. Todd Young , on Monday for a virtual conversation about semiconductor manufacturing.
“Best-case scenario is we get this done in the next couple of months,” she said. “The worst-case scenario is nothing happens.”Last week, Senate Majority Leader Chuck Schumer took a procedural step to resolve differences between the House- and Senate-passed versions.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Biden Tells Xi There Will Be “Consequences” If China Aids Russia’s War in UkraineFollowing weeks of heightened rhetoric between Beijing and Washington over Russia’s invasion into Ukraine, Biden spoke with Chinese president Xi Jinping on the phone for nearly two hours on Friday.
Read more »
Biden warns Xi of supporting Russia as US-China relations face 'crossroads' over Ukraine invasionBiden and Xi Jinping are scheduled to speak Friday as the U.S. presses China to join other nations in condemning Russia's war on Ukraine.
Read more »
Psaki seeks to quash questions about Russia and China 'conflicts of interest' related to Hunter BidenWhite House press secretary Jen Psaki attempted to dismiss a reporter's question Friday when he asked about the “conflicts of interest” the Biden administration faces 'when it comes to sanctioning people who have done business with' the Biden family.
Read more »
Trump leads Biden by 43 points among unvaccinated voters: PollThe new survey shows greater vaccine hesitancy among Republicans than Democrats or independents.
Read more »
New York Post takes victory lap following Hunter Biden vindicationThe New York Post published a scathing front page Saturday calling out the intelligence officials who deemed its original reporting on Hunter Biden's laptop as 'disinformation' after it received vindication Wednesday night.
Read more »
President Biden, give Ukraine the aid they need – nowOur nation stands proudly with the Ukrainian people as they defend their sovereign nation. Peace can prevail, but it will only endure if the U.S. and NATO work together and respond with strength.
Read more »