The law represented a major industrial-policy effort to strengthen U.S. semiconductor supply chains, reduce reliance on foreign producers, and enhance competitiveness with China in advanced technologies.
President Biden signed the CHIPS and Science Act, authorizing roughly $52 billion in subsidies and incentives to boost domestic semiconductor manufacturing and related research.
The law represented a major industrial-policy effort to strengthen U.S. semiconductor supply chains, reduce reliance on foreign producers, and enhance competitiveness with China in advanced technologies.
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The Trump administration is advancing a proposal to eliminate tax exemptions for private colleges that implement diversity, equity, and inclusion (DEI) policies.
Trump signed a bill to prevent a government shutdown ahead of the midterm elections.
Senators left negotiations without reaching an agreement on a voting bill demanded by Trump.
Trump outlined new demands for a sanctions bill targeting Iran and Russia.