US Edition13 Articles
13 Articles
Trump Establishes New Office to Oversee CHIPS Act and Accelerate Investments
President Donald Trump signed an executive order Monday creating the United States Investment Accelerator, a new office within the Commerce Department aimed at streamlining the implementation of the CHIPS Act and expediting major corporate investments in the United States. The office will oversee $52.7 billion in subsidies made available by the 2022 CHIPS and Science Act for semiconductor manufacturing and production. According to a White House …
Trump Creates Investment Office to Administer Chips Act Funds
President Donald Trump signed an executive order to establish an office within the Commerce Department to facilitate and speed up investments of more than $1 billion in the US and administer federal funds from the Chips and Science Act.
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