She is encouraged by the renewed focus on domestic manufacturing
After President Biden signed the CHIPS and Science Act of 2022 into law on Tuesday, Secretary of Commerce Gina Raimondo was quick to commend the new legislation. The supply chain issues revealed during the COVID-19 pandemic highlighted America’s divestments within domestic manufacturing, and Secretary Raimondo is encouraged that the law will transition into investments.
“Today, President Biden signed into law a historic investment that will help revitalize the U.S. domestic manufacturing economy, spur research and development in critical industries, and enable us to continue outcompeting and out-innovating the rest of the world,” Secretary Raimondo stated on Tuesday. “This could not have come at a more urgent moment. These investments will create high-quality, good-paying jobs for hundreds of thousands of Americans, secure American supply chains, and protect America’s global leadership for decades to come.”
As the Lord Leads, Pray with Us…
- For wisdom for Secretary Raimondo as she is involved in the implementation of the new law.
- For Commerce officials as they support domestic manufacturing.
- For the president and his trade advisors as they seek ways to strengthen U.S. production.
Sources: Department of Commerce
