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THE PRESIDENT: Hello, Milwaukee! (Applause.) My name is Joe Biden. I am Jill Biden’s husband.
 
THE PRESIDENT: Well, thank you all for your patience. Secretary Raimondo, thank you. Before we begin, I’d like to speak very briefly about today’s jobs report that was just been issued.
THE PRESIDENT: Well, thank you all for your patience. Secretary Raimondo, thank you. Before we begin, I’d like to speak very briefly about today’s jobs report that was just been issued.
 
Good afternoon, everybody. A couple of things at the top. Today’s announcement by Micron is another big win for America.
Good afternoon, everybody. A couple of things at the top. Today’s announcement by Micron is another big win for America.
 
THE PRESIDENT: Wes, thank you for that introduction. And Wes is the real deal. (Applause.) The real deal. Folks, he’s a combat veteran. Only drawback is he’s a Rhodes Scholar.
THE PRESIDENT: Wes, thank you for that introduction. And Wes is the real deal. (Applause.) The real deal. Folks, he’s a combat veteran. Only drawback is he’s a Rhodes Scholar.
 
Chinese energy authorities are burning more coal as severe droughts affect the nation’s ability to generate power through hydroelectric dams.
Chinese energy authorities are burning more coal as severe droughts affect the nation’s ability to generate power through hydroelectric dams.
 
By the authority vested in me as President by the Constitution and the laws of the United States of America, and in order to effectively implement the incentives for semiconductor research, development, and manufacturing provided by division A of H.R. 4346 (the “Act”), it is hereby ordered
By the authority vested in me as President by the Constitution and the laws of the United States of America, and in order to effectively implement the incentives for semiconductor research, development, and manufacturing provided by division A of H.R. 4346 (the “Act”), it is hereby ordered
 
U.S. Rep. Kathy Manning, a Democrat representing the Triad area of North Carolina, is once again in the news for her stock trading, after making investments in chip companies the day before the July 28 U.S. House vote on the CHIPS Act.
U.S. Rep. Kathy Manning, a Democrat representing the Triad area of North Carolina, is once again in the news for her stock trading, after making investments in chip companies the day before the July 28 U.S. House vote on the CHIPS Act.
 
THE PRESIDENT: Well, I tell you what: Detroit is making some really hot vehicles. (Laughter.) They even got a Hummer that can go 4.1, 0 to 60. That’s faster than my Corvette, and my Corvette is older than I am, almost.
THE PRESIDENT: Well, I tell you what: Detroit is making some really hot vehicles. (Laughter.) They even got a Hummer that can go 4.1, 0 to 60. That’s faster than my Corvette, and my Corvette is older than I am, almost.
 
On Tuesday, August 9, 2022, the President signed into law:
On Tuesday, August 9, 2022, the President signed into law:
 
In President Biden’s first year in office, the Biden-Harris Administration has implemented an industrial strategy to revitalize domestic manufacturing, create good-paying American jobs, strengthen American supply chains, and accelerate the industries of the future.
In President Biden’s first year in office, the Biden-Harris Administration has implemented an industrial strategy to revitalize domestic manufacturing, create good-paying American jobs, strengthen American supply chains, and accelerate the industries of the future.
 
Taiwanese President Tsai Ing-wen confirmed to CNN during an interview on Wednesday that U.S. troops were on the ground in Taiwan helping the island prepare for a possible military invasion from communist China, warning that the threat from China is “increasing every day.”
Taiwanese President Tsai Ing-wen confirmed to CNN during an interview on Wednesday that U.S. troops were on the ground in Taiwan helping the island prepare for a possible military invasion from communist China, warning that the threat from China is “increasing every day.”
 
THE PRESIDENT: Well, good afternoon. Today, we received another outstanding jobs report: 528,000 jobs were added just last month to this country’s employment. 528,000 jobs.
THE PRESIDENT: Well, good afternoon. Today, we received another outstanding jobs report: 528,000 jobs were added just last month to this country’s employment. 528,000 jobs.
 
General Motors (GM) witnessed net profits fall 40% in the second quarter due to persistent supply chain issues.
General Motors (GM) witnessed net profits fall 40% in the second quarter due to persistent supply chain issues.
 
China’s aggressive response to Pelosi’s visit emphasizes the need for the U.S. to produce its own semiconductors
China’s aggressive response to Pelosi’s visit emphasizes the need for the U.S. to produce its own semiconductors
 
The House of Representatives passed the Creating Helpful Incentives to Produce Semiconductors (CHIPS) and Science Act on Thursday, despite opposition from Republicans who argued that the bill would funnel billions in taxpayer money toward corporations.
The House of Representatives passed the Creating Helpful Incentives to Produce Semiconductors (CHIPS) and Science Act on Thursday, despite opposition from Republicans who argued that the bill would funnel billions in taxpayer money toward corporations.
 
House Speaker Nancy Pelosi could be poised to cash in upcoming legislation meant to bolster the U.S. semiconductor industry, after her husband exercised shares worth as much as $5 million in a California company that stands to reap subsidies.
House Speaker Nancy Pelosi could be poised to cash in upcoming legislation meant to bolster the U.S. semiconductor industry, after her husband exercised shares worth as much as $5 million in a California company that stands to reap subsidies.
 
Inflation continues to pummel consumers, and the back-to-school shopping season will be no exception. Crippling inflationary pressures will drive up the cost of outfitting youngsters for the coming school year.
Inflation continues to pummel consumers, and the back-to-school shopping season will be no exception. Crippling inflationary pressures will drive up the cost of outfitting youngsters for the coming school year.
 
National Economic Council Director Brian Deese said on Wednesday that the United States can address high inflation by passing more spending bills.
National Economic Council Director Brian Deese said on Wednesday that the United States can address high inflation by passing more spending bills.
 
Major projects to increase the United States’ manufacturing capacity for semiconductors have been put on hold as supporting legislation has been delayed in Congress.
Major projects to increase the United States’ manufacturing capacity for semiconductors have been put on hold as supporting legislation has been delayed in Congress.
 
Tesla CEO Elon Musk said that the electric automaker’s factories are now “gigantic money furnaces” thanks to persistent supply chain issues.
Tesla CEO Elon Musk said that the electric automaker’s factories are now “gigantic money furnaces” thanks to persistent supply chain issues.
 
House Speaker Nancy Pelosi (D-CA) was pressed during a Sunday interview about what Democrats can do to lower skyrocketing inflation rates between now and the upcoming midterm elections.
House Speaker Nancy Pelosi (D-CA) was pressed during a Sunday interview about what Democrats can do to lower skyrocketing inflation rates between now and the upcoming midterm elections.
 
Lockheed Martin CEO Jim Taiclet warned during a Sunday interview that supply chain issues were hurting his company’s ability to ramp up production of a critical weapon that the U.S. has shipped to Ukraine in an effort to beat back Russia’s invasion into the country.
Lockheed Martin CEO Jim Taiclet warned during a Sunday interview that supply chain issues were hurting his company’s ability to ramp up production of a critical weapon that the U.S. has shipped to Ukraine in an effort to beat back Russia’s invasion into the country.
 
Numerous Republican Senators responded to Russian President Vladimir Putin launching a full-scale invasion during the early morning hours on Thursday with a variety of statements that offered support for Ukraine and called for immediate action.
Numerous Republican Senators responded to Russian President Vladimir Putin launching a full-scale invasion during the early morning hours on Thursday with a variety of statements that offered support for Ukraine and called for immediate action.
 
President Biden announced on Thursday new sanctions on Russia and limitations on what can be exported to Russia in response to Russian President Vladimir Putin’s decision to invade Ukraine.
President Biden announced on Thursday new sanctions on Russia and limitations on what can be exported to Russia in response to Russian President Vladimir Putin’s decision to invade Ukraine.
 
Speaking to the press on Friday about Intel’s planned semiconductor factory in Ohio, President Biden concluded his remarks, then dodged any questions about Russia
Speaking to the press on Friday about Intel’s planned semiconductor factory in Ohio, President Biden concluded his remarks, then dodged any questions about Russia
 
U.S. semiconductor chip company Intel has scrubbed all references to Xinjiang from an open letter on its website that created a backlash from China late last year.
U.S. semiconductor chip company Intel has scrubbed all references to Xinjiang from an open letter on its website that created a backlash from China late last year.
 
On Wednesday, the Labor Department revealed data showing that in December, consumer prices rose by 7% over the previous year, the fastest increase in roughly 40 years.
On Wednesday, the Labor Department revealed data showing that in December, consumer prices rose by 7% over the previous year, the fastest increase in roughly 40 years.
 
On Wednesday, Florida GOP governor Ron DeSantis announced he would invest the state’s funds to increase microchip and semiconductor manufacturing in Florida so that the Chinese Communist Party could not “hold our supply chain hostage.”
On Wednesday, Florida GOP governor Ron DeSantis announced he would invest the state’s funds to increase microchip and semiconductor manufacturing in Florida so that the Chinese Communist Party could not “hold our supply chain hostage.”
 
Fox News reporter Peter Doocy grilled White House Press Secretary Jen Psaki during Friday’s press briefing over a variety of issues, including supply chain issues, a top Democratic candidate calling out President Joe Biden’s unpopularity.
Fox News reporter Peter Doocy grilled White House Press Secretary Jen Psaki during Friday’s press briefing over a variety of issues, including supply chain issues, a top Democratic candidate calling out President Joe Biden’s unpopularity.
 
Christian Datoc writes for the Washington Examiner about the Biden administration’s approach to inflation.
Christian Datoc writes for the Washington Examiner about the Biden administration’s approach to inflation.
 
Press Briefing by Press Secretary Jen Psaki and Secretary of Commerce Gina Raimondo, July 22, 2021
 
Precision Swiss Products, Inc. a manufacturer of high precision component parts, will create 125 new jobs in Brunswick County
Precision Swiss Products, Inc. a manufacturer of high precision component parts, will create 125 new jobs in Brunswick County
 
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