Pelosi, Schumer Optimistic About Chips Bill Passage in July

Congress should be able to pass its chips package in July, House Speaker Nancy Pelosi, D-Calif., and Senate Majority Leader Chuck Schumer, D-N.Y., said Tuesday (see 2206150075). They issued a joint statement after a bipartisan, bicameral four corners meeting on Congress’ China bill. “We expressed our belief that there is no reason that we should not pass this bill through Congress in July,” they said. “Democrats have already made accommodations in the name of reaching an agreement, which we are optimistic can happen soon.”