Sec. Gina Raimondo

Gina Raimondo, the Secretary of Commerce under President Biden, has transformed the department into a powerhouse focused on national security and high-tech initiatives. She discusses her urgent plans for microchip subsidies and participation in a global AI safety summit. Raimondo highlights the significance of the CHIPS Act in bolstering domestic production against China. With just two months left in her term, she shares insights on bipartisan legislative efforts and the importance of adapting to potential political shifts.

Gina Raimondo, the U.S. Secretary of Commerce, offers a unique perspective on the potential fallout from a government shutdown. She discusses how the CHIPS Act could bolster America’s semiconductor industry amid these challenges. The conversation delves into national security concerns related to technology exports to China and public fears about economic uncertainty. Raimondo emphasizes the emotional impact on federal workers and outlines strategies for navigating the financial landscape as the country heads into 2025.

Gina Raimondo, the U.S. Commerce Secretary, discusses the pivotal CHIPS and Science Act aimed at revitalizing American semiconductor manufacturing. She highlights President Biden's $8.5 billion investment in Intel to boost production across several states. The conversation dives into the ambitious goal of achieving 20% of the world's leading-edge chips by 2030 and addresses challenges like global competition and talent shortages. Raimondo emphasizes the critical connection between semiconductor manufacturing and national security, urging for accelerated domestic production.