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Schumer Directs Senate Committees To Craft Legislation To Strengthen U.S. Semiconductor Industry, To Protect American Jobs, Outcompete China


File photo of U.S. Senator Charles Schumer (2010).
Washington, D.C. – Yesterday, Senate Majority Leader Chuck Schumer (D-NY), discussed his push to direct Senate committees to craft legislation to protect American jobs and outcompete China.
Below are Senator Schumer’s remarks, which can also be viewed here:
Today on our caucus call, I directed the chairs and members of our relevant committees to start drafting a legislative package to outcompete China and create new American jobs.
The legislation will have as its centerpiece a bicameral, bipartisan bill, the Endless Frontiers Act, which I introduced last year with (Sen.) Todd Young (R-IN), and Representatives Ro Khanna (D-CA), and Mike Gallagher (R-WI) in the House. And it will take the key cutting industries and make American investments so we will outcompete China in all of them. ....

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