President Biden will meet with a bipartisan group of lawmakers to confront growing concern about a global shortage of semiconductors that is hobbling automakers and other manufacturers and has led to production cutbacks. News of the meeting, confirmed by people familiar with the matter, came as Senate Majority Leader Charles E. Schumer (D-N.Y.) called for Congress to appropriate funds it previously had authorized for domestic semiconductor manufacturing, calling the current lack of production capacity “a dangerous weak spot in our economy and in our national security.”
Read the article: The Washington Post
