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Auto-State Governors Press Congress to Pass Aid for Chipmakers - Bloomberg

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Governors from nine states, led by Michigan’s Gretchen Whitmer, have sent a letter to top congressional leaders urging them to advance legislation that would provide $52 billion in aid to semiconductor producers and ease a shortage for manufacturers.

The letter, prepared for delivery on Wednesday, to House Majority Leader Nancy Pelosi, Minority Leader Kevin McCarthy and their counterparts in the Senate, Chuck Schumer and Mitch McConnell, asks for swift approval of the CHIPS Act, intended to expand U.S. semiconductor production. The governors, largely from auto-producing states, made a case that the shortage has taken a brutal toll on the automobile industry, leading to lost production and jobs.

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November 10, 2021 at 05:00PM
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Auto-State Governors Press Congress to Pass Aid for Chipmakers - Bloomberg
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