So, you know, one of the things that I’ve noticed in the last couple of years in my time at Commerce is that in the discussions and the framing of the CHIPS Act it is often framed as a federal incentive program to create incentives for the private sector to make R&D and manufacturing investments. They’re reinforcing each other, and the secretary has been very clear about that from the very beginning. Some of you also know Mike Schmidt, who is the director of the CHIPS program office and who is running the $39 billion manufacturing incentives program and, as Eric said, we do see both the manufacturing and the R&D programs as two sides of the same coin. You met one of them just now, Eric Lin, who is driving the R&D program. We’ve got some very capable leaders who are now driving the implementation. I am happy to report that, you know, we are now filling up the team.
One of the early questions that the secretary asked me to go think about was if you looked back at this program in 15 years how would we know that we have succeeded, and so a lot of the work that Commerce has been doing in the last two years has been to try to answer that question.
SO HOPEFULLY HOW TO
It’s a very ambitious program and so we’re making sure that even within Commerce people understand the scope of the program and how to define success in the long run. Unofficially, as many of you know, over the last couple of years we’ve been focused on this thing called the CHIPS Act, which has really – you know, I think what has taken up most of my time has been helping the secretary drive the agenda for the CHIPS Act and for semiconductor policy, broadly, both with the industry in terms of understanding needs and trends, with the Hill, with Congress in terms of defining the policy and shaping the legislation, and then also working with various other stakeholders to make sure that we are correctly sizing and scoping this program. Officially, I am driving technology and industrial policy for the secretary and for Commerce.
I have been in my role for a little over two years now. I am a senior advisor to Secretary Gina Raimondo at Commerce. I do have a tendency to speak into my collar. Apparently, there’s quite a number of you online. I hope everybody can hear me back there and especially online.
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