This Is What President Biden's CHIPS Office Actually Did
Odd Lots23 Apr 2025

This Is What President Biden's CHIPS Office Actually Did

One of the stated goals for the current trade war is to build more industrial capacity in the United States. So far there doesn't seem to be much of it happening. In fact, all of the manufacturing surveys (and all evidence) so far suggests the reverse. But not that long ago there was a concerted effort to build more factories in the United States. Under President Biden there was a whole host of new industrial announcements funded in part via the CHIPS Act and the Inflation Reduction Act. But did we get anything from these bills? Do we have anything to show for it? Why is building more capacity in the United States so difficult? On this episode, we spoke with Hassan Khan, who recently left his position as the director of economic security in the CHIPS Program Office at the Department of Commerce, about what he learned, what he saw, what could be done differently, and what the results are actually were.

Read more:
With US Chips Act Money Mostly Divvied Up, the Real Test Begins
TSMC’s Arizona Chip Production Yields Surpass Taiwan’s
US Chip Grants in Limbo as Lutnick Pushes Bigger Investments

Only Bloomberg.com subscribers can get the Odd Lots newsletter in their inbox — now delivered every weekday — plus unlimited access to the site and app. Subscribe at bloomberg.com/subscriptions/oddlots

    See omnystudio.com/listener for privacy information.

    Avsnitt(1194)

    War in Iran Is Already Reshaping East Asia's Energy Future

    War in Iran Is Already Reshaping East Asia's Energy Future

    The war in Iran has caused the price of all kinds of commodities to surge, and that has a negative economic impact almost everywhere. But the squeeze is really being felt hard in East Asia, which is t...

    15 Apr 37min

    Presenting What Next TBD: Why Everyone is Freaking out About Private Credit

    Presenting What Next TBD: Why Everyone is Freaking out About Private Credit

    It's fueling the A.I. bubble, it's coming to your retirement portfolio—and it's flashing a lot of warning signs right now.In the wake of the 2008 financial crisis, private credit or “shadow banking” g...

    14 Apr 37min

    Ziad Daoud Explains How War with Iran Will Reshape the Gulf

    Ziad Daoud Explains How War with Iran Will Reshape the Gulf

    Regardless of whether the war with Iran continues, it seems likely to have a lasting impact on the Gulf states. They may have to rebuild damaged pipelines and other infrastructure, or create new ones ...

    13 Apr 45min

    The Big Macro Force That's Been Driving Stocks Higher for Years

    The Big Macro Force That's Been Driving Stocks Higher for Years

    Stocks have gone up over the years because corporate earnings continue to grow. That part is straightforward. But in addition to rising stock prices, we've also seen rising stock market valuations. Fo...

    11 Apr 36min

    How Shipping Insurance Really Works During a War

    How Shipping Insurance Really Works During a War

    When the conflict with Iran started, some of the first headlines we saw had to do with shipping insurance. Marine insurers were said to be canceling war risk coverage for vessels going through the Str...

    10 Apr 53min

    Thomas Peterffy on Interactive Brokers' Plan to Professionalize Prediction Markets

    Thomas Peterffy on Interactive Brokers' Plan to Professionalize Prediction Markets

    Right now, when you think about prediction markets, you basically think about two main companies: Polymarket and Kalshi. And then when you think of what's being traded on those platforms, there's a wh...

    9 Apr 50min

    Search Engine Presents: Are you a good driver?

    Search Engine Presents: Are you a good driver?

    The story of how a secret project at Google led to driverless cars on American roads. And, an answer to the question: are the robots actually safer drivers than we are? Find Part 2: “The Trial of the ...

    8 Apr 1h 8min

    Gina Raimondo on How European Industry Is Getting Crushed

    Gina Raimondo on How European Industry Is Getting Crushed

    The relationship between the US and Europe is deteriorating along both security and economic dimensions. The Trump administration has imposed tariffs, while also being sharply critical of NATO allies....

    6 Apr 45min

    Populärt inom Business & ekonomi

    framgangspodden
    varvet
    rss-jossan-nina
    rss-svart-marknad
    svd-tech-brief
    badfluence
    rss-borsens-finest
    uppgang-och-fall
    avanzapodden
    bathina-en-podcast
    fill-or-kill
    tabberaset
    24fragor
    rss-kort-lang-analyspodden-fran-di
    rss-dagen-med-di
    lastbilspodden
    kapitalet-en-podd-om-ekonomi
    borsmorgon
    rss-inga-dumma-fragor-om-pengar
    rss-veckans-trade