|
Commerce Department chief economist Aaron "Ronnie" Chatterji
will serve as White House Coordinator for CHIPS Implementation
at the National Economic Council (NEC) and will manage the work
of the CHIPS Implementation Steering Council created by
President Biden's chips executive order signed last month.
In August, Congress approved $52.7 billion for semiconductor
manufacturing and research and a 25% investment tax credit for
chip plants that is estimated to be worth $24 billion.
NEC Director Brian Deese said Chatterji "will help coordinate a
unified approach to our key implementation priorities while
ensuring that we have guardrails and oversight in place to
responsibly spend taxpayer dollars."
The legislation championed by Biden aims to boost efforts to
make the United States more competitive with China and alleviate
a persistent chips shortage that has affected everything from
cars to washing machines to video games and weapons.
At Commerce, Treasury official Michael Schmidt will serve as
CHIPS Program Office director. Schmidt previously served as New
York State Department of Taxation and Finance commissioner.
Eric Lin, director of the government's Material Measurement
Laboratory, will be interim director of the CHIPS Research and
Development Office. The chips law includes $11 billion for
research spending.
Commerce Secretary Gina Raimondo said the chips team would
consist of about 50 people.
"These leaders bring decades of experience in government,
industry and the R&D space, with a special emphasis on standing
up and implementing large-scale programs," Raimondo said.
Also named Tuesday is Todd Fisher, a Commerce Department
economic official who will serve as CHIPS Program office interim
senior advisor in the CHIPS Program Office. Former Palm
Computing CEO Donna Dubinsky is Raimondo's senior counselor for
CHIPS implementation and Commerce official J.D. Grom will serve
as senior advisor on CHIPS implementation.
Commerce hopes by February to begin seeking applications for $39
billion in semiconductor chips subsidies to build new facilities
and expand existing U.S. production.
(Reporting by David Shepardson; Editing by Bradley Perrett)
[© 2022 Thomson Reuters. All rights
reserved.]
This material may not be published,
broadcast, rewritten or redistributed.
Thompson Reuters is solely responsible for this content.
|
|
