$62 million in funding to support U.S. chip factories. The U.S. Department of Commerce announced a second tranche this week from the Chips and Science Act of 2022…
Read MoreDomestic Production
White House Economic Advisor Says Sale of U.S. Steel Deserves Scrutiny
Bipartisan legislators voiced opposition and concerns over the sale to a Japanese company. Senators John Fetterman of Pennsylvania and J.D. Vance of Ohio called on the Committee on…
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DOJ Files Antitrust Suit Against Poultry Processor
The department alleges the company charged farmers penalty fees for switching processors. The Department of Justice partnered with the U.S. Department of Agriculture (USDA) to file a lawsuit…
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State Department Urges Avoidance of Chinese Suppliers in Energy Transition
Encourages the development of clean energy economies through domestic production. Assistant Secretary of State for Energy Resources, Geoffrey Pyatt, spoke at a natural gas conference this week, where…
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President Meets with Company CEOs
The closed-door meeting covered the state of the economy and inflation. President Joe Biden held a closed-door meeting on Thursday with the leaders of prominent American companies, tapping…
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Commerce Department Releases Final Policies for CHIPS and Science Act
The commerce secretary announces the guardrails prohibit foreign investments for ten years as well as foreign joint research. The Department of Commerce has released its final rule for…
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DOD Seeks to Strengthen U.S. Supply Chain for Turbine Engines
Partnership intended to provide for the manufacture of key components for military jets. The Department of Defense has partnered with Selmet, Inc. through the Office of Industrial Base…
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Commerce Secretary Attends Virtual Gen Z Jobs Meeting
She encouraged students to join the domestic semiconductor workforce. Secretary of Commerce Gina Raimondo recently joined a virtual discussion hosted by Handshake, the largest job platform for Gen…
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USDA Recognizes National Pollinator Week
The department affirms its commitment to protecting pollinators and their habitats. The U.S. Department of Agriculture (USDA) is recognizing National Pollinator Week from June 19 to 25 highlighting…
Read MorePresident Invokes Defense Production Act for Printed Circuit Boards
Officials hope an additional $50 million in funding will avoid another technology shortage. President Joe Biden invoked the Defense Production Act to speed along the production of printed…
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