semiconductors
Representative Byron Donalds (R-FL) discussed the CHIPS Act in a recent appearance on Fox Business's Kudlow, calling it a "terrible piece of legislation" and arguing that deregulation is a better means of getting companies to invest in the United States. Rep. Donalds's remarks respond to Secretary of Commerce Howard Lutnick's recent proposal that the federal government […]
Congressman Mike Haridopolos (R-FL) said President Donald Trump’s divisive tariffs on overseas imports have resulted in a wave of new U.S. trade deals, a revitalized manufacturing landscape, and drastically raised revenue. “For those keeping score at home, President Trump’s tariffs have resulted in historic trade deals, raised BILLIONS in revenue, leveled the playing field for […]
The Building Chips in America Act has just passed the House with 257 in favor and 125 opposed and is now slated to go to the President's desk. The bipartisan bill, introduced by Representatives Michael McCaul (R-TX) and Colin Allred (D-TX), will accelerate the environmental regulatory process and avoid unnecessary delays for domestic semiconductor chip […]
China has stopped at nothing in stealing American chips and semiconductor technology, which the Biden Administration needs to prepare to counter. Senator Marco Rubio (R-FL) wrote a recent letter to Secretary of Commerce Gina Raimondo demanding safeguards against this theft, saying, "If you are serious about protecting American technology, the only effective solution is for […]
In February, Senator Rick Scott (R-FL) joined Senator Gary Peters (D-MI) as a co-sponsor of the Securing Semiconductor Supply Chains Act of 2023. Over 10 months later, the bill passed unanimously in the upper chamber. According to Sen. Scott’s press release, the bill encourages the development of strategies that would “attract investment in U.S. semiconductor […]
Florida Republicans continue to lead the charge against China the Biden Administration is not. Senator Marco Rubio (R-FL) recently teamed up with Senator Josh Hawley (R-MO) to demand Secretary of Commerce Gina Raimondo block plans to indefinitely extend waivers allowing Taiwanese and Korean semiconductor manufacturers to remain in China. Sen. Rubio's letter called the proposal "further evidence that […]
As the world stays on edge while China threatens to invade Taiwan – producer of approximately 66% of the world’s semiconductors – politicians and pundits scrambled to find ways to address the United States’ approach to the heated situation. However, when it comes to the cobalt supply, which is a critical component to producing batteries […]
