US52

If funding recipients violate restrictions, the Commerce Department can claw back federal awards. Raimondo told Congress she is working as fast as possible to get awards approved. "I feel the pressure," Raimondo said. "We are behind but…

WASHINGTON: US Commerce Department Secretary Gina Raimondo on Monday (Jun 27) stepped up pressure on Congress to approve US$52 billion in funding for chipmakers to expand operations, warning that firms would abandon American expansion plans…