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U.S. Senate panel to hold hearing on tech bill to combat China - Netscape Money & Business


U.S. Senate panel to hold hearing on tech bill to combat China
By David Shepardson
Reuters
WASHINGTON (Reuters) -The U.S. Senate Commerce Committee will hold a hearing on April 14 on a bipartisan measure to bolster U.S. technology research and development efforts in a bid to address Chinese competition.
The bill, titled the Endless Frontier Act, was first proposed in 2020 calling for $110 billion over five years to advance U.S. technology efforts and cosponsored by Senate Democratic Leader Chuck Schumer and Republican Senator Todd Young.
Senate Commerce committee chair Maria Cantwell said in a statement the hearing will address potential actions to strengthen the U.S. innovation ecosystem, including increasing National Science Foundation research funding; growing and diversifying the science, technology, engineering, and mathematics (STEM) pipeline; improving technology transfer; and investing in regional innovation centers. ....

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U.S. Senate panel to hold hearing on tech bill to combat China


2 Min Read
FILE PHOTO: U.S. Senate Majority Leader Chuck Schumer (D-NY) touts Senate Democrats legislative accomplishments as he holds a news conference at the U.S. Capitol in Washington, U.S., March 25, 2021. REUTERS/Jonathan Ernst/Pool
WASHINGTON (Reuters) -The U.S. Senate Commerce Committee will hold a hearing on April 14 on a bipartisan measure to bolster U.S. technology research and development efforts in a bid to address Chinese competition.
The bill, titled the “Endless Frontier Act,” was first proposed in 2020 calling for $110 billion over five years to advance U.S. technology efforts and cosponsored by Senate Democratic Leader Chuck Schumer and Republican Senator Todd Young. ....

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