U.S. Commerce Chief Engages Trump Veteran in Push for China Bill
- Raimondo repeats call for passage of bill to boost chip output
- Bill is now in Senate, unlikely to pass before end of May
Commerce Secretary Gina Raimondo led a bipartisan teleconference that included a top official in Donald Trump’s administration Monday, showcasing the Biden administration’s push for a bill designed to strengthen U.S. competitiveness against China and bolster domestic semiconductor manufacturing.
Raimondo, former U.S. national security adviser H.R. McMaster and others held the call hours before the Senate planned its next step in months of wrangling that has seen a different version of the bill pass both the House and Senate. Senate Majority Leader Chuck Schumer plans to move toward considering the legislation on Monday evening, though a final package is expected to require House-Senate negotiations and unlikely to be finalized before the end of May.