Raimondo Laments National-Security Risk in Logjam on Chips Bill

  • Commerce chief: chips-funding law will pass; taking too long
  • Decision on easing some tariffs on Chinese goods to come soon
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US lawmakers are playing politics with national security by delaying the passage of legislation that will liberate billions of dollars for chipmakers to build more manufacturing facilities in the US amid a global shortage, Commerce Secretary Gina Raimondo said.

“Yes, it will happen -- it’s taking much too long,” Raimondo said in an interview with Guy Johnson and David Westin on Bloomberg Television Monday. “It isn’t right to play politics with national security, that’s what I think is happening.”