Autonomous vehicles aren’t possible without a steady supply of microchips, Senate Homeland Security Committee Chairman Gary Peters, D-Mich., said Monday during a field hearing in Detroit on China package implications for the auto industry (see 2203230065). Peters joined a chorus of legislators pushing for Congress to move chip legislation, including Senate Commerce Committee Chair Maria Cantwell, D-Wash.
Karl Herchenroeder
Karl Herchenroeder, Associate Editor, is a technology policy journalist for publications including Communications Daily. Born in Rockville, Maryland, he joined the Warren Communications News staff in 2018. He began his journalism career in 2012 at the Aspen Times in Aspen, Colorado, where he covered city government. After that, he covered the nuclear industry for ExchangeMonitor in Washington. You can follow Herchenroeder on Twitter: @karlherk
Expect members of the Senate Commerce, Finance, Homeland Security and Foreign Affairs committees to be named as China bill conferees (see 2203220074), Senate Commerce Committee Chair Maria Cantwell, D-Wash., told reporters after Wednesday’s chips hearing.
Sen. Todd Young, R-Ind., and Rep. Doris Matsui, D-Calif., expressed optimism Monday that Congress can begin conference negotiations on its China package before the end of the work period, as planned by Senate leadership (see 2203140059).
The Senate will need to amend the House China package with upper chamber language and send it back to the lower chamber in order to begin conferencing the two measures, Senate Majority Leader Chuck Schumer, D-N.Y., said Thursday. Calling it a procedural step, he noted a “small band of Republicans” is standing in the way of “quick action.”
It’s disappointing the FTC’s “temporary” suspension on granting early termination (ET) for mergers and acquisitions has dragged out for more than a year (see 2102080070), Commissioner Noah Phillips told us Tuesday. “Continuing to refuse ET for deals the agencies are not interested in investigating is nothing more than a gratuitous tax on normal market operations and the efficient allocation of agency resources,” said Phillips in a statement.
Senate Majority Leader Chuck Schumer, D-N.Y., and Senate Minority Leader Mitch McConnell, R-Ky., are negotiating to begin conference on the China package this work period, a Senate aide told us Monday (see 2203010077). The work period is scheduled to end April 8.
Senate Homeland Security Committee ranking member Rob Portman, R-Ohio, supports cyber incident reporting legislation the House passed Wednesday in its omnibus package, he told us Thursday.
President Joe Biden signed an executive order Wednesday outlining a national policy on digital assets and directing agencies to explore a U.S. central bank digital currency. Democrats welcomed the news, highlighting crypto-related financial inclusion issues and risks associated with the technology like money laundering. Republicans took a pro-innovation stance, urging Congress to pass legislation to avoid anti-innovation policies.
Expect a House suspension vote soon on one of the Judiciary Committee’s less controversial antitrust bills, House Antitrust Subcommittee Chairman David Cicilline, D-R.I., and ranking member Ken Buck, R-Colo., told us Tuesday.
The House passed semiconductor-funding legislation 222-210 on a largely party-line vote Friday. Commerce Secretary Gina Raimondo and lawmakers are looking ahead to conference talks to combine elements of the newly House-passed America Creating Opportunities for Manufacturing, Pre-Eminence in Technology and Economic Strength Act (HR-4521) and Senate-passed U.S. Innovation and Competition Act (S-1260) (see 2202010001).