Raimondo Aims to Deplete Trump's Campaign Funds

1 min read
Source: POLITICO
Raimondo Aims to Deplete Trump's Campaign Funds
Photo: POLITICO
TL;DR

Commerce Secretary Gina Raimondo is working to allocate nearly all of the $50 billion from the CHIPS Act before Donald Trump assumes office, aiming to solidify the Biden administration's tech legacy. This effort is part of a broader strategy to secure bipartisan-supported programs against potential rollbacks by a Republican administration. Raimondo is confident that the bipartisan nature of the CHIPS Act, focused on national security, will protect it from significant changes under Trump. The Commerce Department has shifted towards high-tech and national security under her leadership.

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