TELETRADER News
2/23, 11:43 PM (Source: TeleTrader)
more TeleTrader news

WH, US lawmakers to discuss chip shortage - report

White House officials are expected to meet with congressional representatives to discuss chip shortage that forced vehicle manufacturers across the United States to temporarily halt output, The Wall Street reported on Tuesday citing sources familiar with the matter.

According to an unnamed White House official, the Biden administration aims "to identify vulnerabilities and take steps, such as spurring increased U.S. domestic production, to address gaps over the long term and support good paying jobs."

Previously, White House press secretary Jen Psaki said that President Joe Biden will sign an executive order in the coming weeks to address the supply chain issues.

Breaking the News / GA