Biden seeks quick action on semiconductor bill which involves $52 billion citing ’China’ - YouTube

The Biden administation is pushing lawmakers on Capitol Hill to move quickly to pass stalled legislation to deal with the shortage of semiconductor chips. Commerce Secretary Gina Raimondo and other officials with the administration gave senators a classified briefing and encouraged them to pass legislation before the summer recess begins early next month. “My recommendation is that it’s a matter of national security, that they pass a bill before the August recess, that it is as robust and comprehensive a bill as possible,“ said Raimondo. __________________ Powered by Shanghai Media Group, ShanghaiEye focuses on producing top-quality content for Facebook, Twitter, Instagram and Youtube. Nobody knows Shanghai better than us. Please subscribe to us ☻☻☻ __________________ For more stories, please click ■ What’s up today in Shanghai, the most updated news of the city