Lawfare Daily: Mike Schmidt Talks CHIPS and U.S. Industrial Policy

When Congress passed the CHIPS Act in 2022, it was the first major piece of U.S. industrial policy legislation in decades and was intended to expand America's ability to manufacture the computer chips that are vital for everything from AI to phones and modern automobiles. Mike Schmidt, distinguished visitor at Princeton University's Griswold Center for Economic Policy Studies and a non-resident senior fellow at the Institute for Progress, was the first employee of the Commerce Department office tasked with turning the CHIPS Act into an actual program that is today supporting the construction of hundreds of billions of dollars...