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This week: Congressional leaders to meet with Biden amid GOP reckoning

ADVERTISEMENT It’s the first time Biden has met with the four top congressional leaders as a group since being inaugurated in January. It will also be his first meeting with McConnell and McCarthy.  While it appears Biden doesn’t have much of a relationship with McCarthy, who came to power under Trump, he’s spoken with McConnell on the phone and the two have known each other for decades, first as Senate colleagues and then cutting deals during the Obama administration.  The meeting is expected to largely focus on Biden’s $4 trillion spending plan, which is divided up between a $2.3 trillion jobs proposal and a second $1.8 trillion bill focused on education and child care. 

Senate to vote on bill aimed at countering China s influence this month

© Greg Nash The Senate will vote on legislation aimed at countering China s economic influence this month, Majority Leader Charles Schumer The Senate Commerce Committee will mark up the bill Wednesday, a vote that was delayed after senators filed hundreds of potential amendments to the bill.   The Senate Commerce Committee will begin to mark up the Endless Frontiers Act . a number of other Senate committees are working on bipartisan legislation to improve our competitiveness and make the United States a world leader in advanced manufacturing, innovation and supply chains, Schumer said from the Senate floor. ADVERTISEMENT It is my intention to have the full Senate consider comprehensive competitive legislation during this work period, he added.

U S Sen Young Stresses Urgency Of Tech Investment In Race Against China

U.S. Sen. Young Stresses Urgency Of Tech Investment In Race Against China Unable to load the audio player. playpausemuteunmute Courtesy of Young s office President Joe Biden repeatedly emphasized a need to better compete with China during his first address to Congress. That’s a message U.S. Sen. Todd Young (R-Ind.) has been preaching for a while. And legislation of Young’s fits right into that national conversation. Young said the U.S. has already fallen behind China in some high-tech categories. What’s needed to catch up and stay ahead, he said, is investment. And that’s what his Endless Frontier Act does. It would direct both money and attention to key technology areas.

Sen Chuck Schumer launches $160 billion technology initiative

Sen. Chuck Schumer launches $160 billion technology initiative Emily Steinberger | Photo Editor Schumer announced the initiative alongside Chancellor Kent Syverud, Onondaga County Executive Ryan McMahon and Syracuse Mayor Ben Walsh. Facebook Subscribe to our newsletter here. Senate Majority Leader Chuck Schumer (D-NY) launched his initiative to invest in and develop innovations in technology during a press conference at Syracuse University on Monday. Schumer announced the $160 billion piece of legislation alongside SU Chancellor Kent Syverud, Onondaga County Executive Ryan McMahon and Syracuse Mayor Ben Walsh at the university’s National Veterans Resource Center. The senator’s plan would dramatically increase U.S. investment in three areas: the advanced manufacturing of semiconductors, the research and development of important technologies and the establishment of regional technology hubs around the country investments that could help lead to the creation of jobs and j

GlobalFoundries shifts HQ from Silicon Valley to join its tip-top chip fab in New York

GlobalFoundries shifts HQ from Silicon Valley to join its tip-top chip fab in New York
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