Main Entrance Herbert Hoover Building Commerce Department 14th Street Washington DC.  Building completed in 1932.  Across from the White House, Commerce has multiple departments.

Commerce Secretary Gina Raimondo Applauds Final Passage of CHIPS Legislation

Jul 28, 2022

Commerce Secretary Gina Raimondo Applauds Final Passage of CHIPS Legislation
Thu, 07/28/2022 – 15:11

ICT Supply Chain


Thursday, July 28, 2022

Office of Public Affairs

Today, Secretary of Commerce Gina Raimondo released the following statement following the House’s bipartisan passage of legislation to revitalize domestic semiconductor manufacturing and invest in American scientific leadership.

“Today, members of Congress from both parties voted to support America’s economy, America’s workers, and America’s global competitiveness by committing the resources necessary to support domestic scientific innovation and build more chips in the U.S. For the last 40 years, America’s semiconductor manufacturing economy withered while companies chased lower costs half a world away, creating both an economic and national security vulnerability.

“With its historic investment in American chipmaking, the CHIPS and Science Act helps fulfill the Biden administration’s goal of revitalizing our domestic manufacturing economy while securing access to an essential technology so America can continue to lead in the 21st Century.

“I’m grateful to Speaker Pelosi and House members from both sides of the aisle who worked diligently to craft legislation that protects our scientific leadership and creates high-quality, good-paying jobs for hundreds of thousands of Americans. Thanks to their hard work and President Biden’s steadfast leadership, Congress just passed a landmark investment that protects America’s competitive edge, invests in our workers and protects our national security.”

Secretary Raimondo’s video message celebrating the passage of CHIPS legislation can be found here


Semiconductor Industry
Secretary Gina Raimondo

Read the full report from the U.S. Department of Commerce: Read More