A group of senators are urging the Commerce Department to be more transparent when it comes to the terms of agreements made under the CHIPS and Science Act, arguing the agency must ensure the U.S. semiconductor industry is “safe and sustainable.”
In a letter Friday to Commerce Secretary Gina Raimondo, Sens. Ed Markey (D-Mass.), Elizabeth Warren (D-Mass.) and Bernie Sanders (I-Vt.) expressed the need for transparency following the Biden administration's recent announcement of the first commercial agreement on a CHIPS and Science Act award.
“The Department of Commerce should use its role in the grant-making process to ensure that the U.S. semiconductor industry is safe and sustainable, creates high-quality........