Defense Secretary Lloyd Austin and Commerce Secretary Gina Raimondo pleaded with congressional leadership today for quick action to approve COMPETES Act legislation – also known as the Bipartisan Innovation Act – that has been hung up for several weeks in a House-Senate conference committee. […]

Sen. Gary Peters, D-Mich., chairman of the Senate Homeland Security and Governmental Affairs Committee, this week urged Congress to move toward final passage of legislation that would provide $52 billion of funding to reinvigorate the U.S. semiconductor industry and aid the domestic automotive industry. […]

A pair of Senate votes late on March 28 has cleared the way for a House-Senate conference committee to work out remaining differences on semiconductor and innovation legislation that will combine the House-passed America Creating Opportunities for Manufacturing, Pre-Eminence in Technology, and Economic Strength (COMPETES) Act and Senate-approved United States Innovation and Competition Act (USICA). […]