Business Leaders Urge Congress to Pass Bipartisan China Package
More than 120 business executives this week urged congressional leadership to “act urgently” to pass the Bipartisan Innovation Act, which is currently in conference. The bill is “critical” to the U.S. economy and would help strengthen domestic manufacturing and supply…
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chains, said a June 15 letter signed by the leaders of major technology firms, electronics manufacturers, semiconductor companies and others. “Our global competitors are investing in their industry, their workers, and their economies, and it is imperative that Congress act to enhance U.S. competitiveness,” the letter said. “We call on Congress to act promptly to achieve a bipartisan agreement that can be passed and signed into law.” Signers include CEOs of Adobe, Uber Technologies, Alphabet, GlobalFoundries, IBM, TSMC and Lockheed Martin.