Author: Daniel Flatley
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Biden officials press Congress on chips bill as progress stalls
WASHINGTON • The Biden administration and congressional Democrats are trying to break a deadlock on legislation aimed at enhancing U.S. competitiveness with China and boosting the domestic semiconductor industry, which has been stalled since Senate GOP leader Mitch McConnell threatened to scuttle the bill. Commerce Secretary Gina Raimondo and Director of National Intelligence Avril Haines…
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Lockheed’s $15B Saudi deal at risk after Khashoggi death
Lockheed Martin’s potential $15 billion sale to Saudi Arabia of its Thaad air-defense system may be the unfinished deal most vulnerable to growing congressional demands to stop providing arms to the desert kingdom after the killing of critic Jamal Khashoggi. It also underscores that the $110 billion package of arms sales that President Donald Trump…