Schumer plans classified briefing for U.S. senators on chips, technology ...Middle East

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Schumer plans classified briefing for U.S. senators on chips, technology
Senate Democratic Leader Chuck Schumer has scheduled an all-senators classified briefing on the global innovation and technology race and a proposed bill to boost U.S. semiconductor manufacturing, his office said on Thursday. Senate Republican Leader Mitch McConnell threatened last week to try to block the bill that would provide $52 billion to subsidize U.S. semiconductor manufacturing and boost U.S. competitiveness with China if Democrats move forward with a social spending and climate bill.

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