Former Deputy Assistant Treasury Secretary Christine McDaniel discusses the impact of the Senate's chips bill on U.S. taxpayers amid record-high inflation.
Former Deputy Assistant Treasury Secretary Christine McDaniel argues against putting the government in a place 'to choose winners and losers.'the "wrong policy at the wrong time" during "Mornings with Maria" Monday, arguing the government doesn't need to put U.S. taxpayers on the hook to bring chip assembly to the country.
Former Deputy Assistant Treasury Secretary Christine McDaniel discusses the Senate's chip bill on"Mornings with Maria." I mean, it is the wrong policy at the wrong time. And, the root of market power in the semiconductor industry is in the design, the research and development, the intellectual property. And as you pointed out, the U.S. firms already have a quite a bit of a lead on all of those key areas. So we don't really need to put U.S.