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Commerce Department finalizes rule on national security "guardrails" for CHIPS funding The Commerce Department finalized the national security "guardrails" in which recipients who receive CHIPS and Science Act funding must abide by. The CHIPS and Science Act was passed last year to address the manufacturing of semiconductors in the United States and the Commerce Department is responsible for dolling out billions of dollars to those who apply for the federal funding . U.S. Commerce Secretary Gina Raimondo testifies before the House Committee on Science, Space, and Technology at the Rayburn House Office Building on Sept. 19, 2023, in Washington, D.C. Kevin Dietsch/Getty Images The rule filed on Friday explicitly states that companies who receive CHIPS money cannot expand semiconductor manufacturing in "countries of concern." "The statute prohibits the material expansion of semiconductor manufacturing capacity for leading-edge and advanced facilities in...

Matt Gaetz plans a vote to try and remove Speaker Kevin McCarthy as punishment for McCarthy orchestrating a bipartisan stopgap funding bill to stave off a shutdown Hard-line Republican Rep. Matt Gaetz plans a vote this week to try and remove Speaker Kevin McCarthy from his role as punishment for McCarthy orchestrating a bipartisan stopgap government funding bill to stave off a shutdown, Gaetz said Sunday. The Florida lawmaker called himself "relentless" in an interview with ABC "This Week" co-anchor Jonathan Karl. While Gaetz acknowledged he may not yet have the votes to actually oust McCarthy from the speakership, via a so-called motion to vacate, he said that he could get enough votes before 15 rounds of ballots -- which is how long it took for McCarthy to win the gavel. Removing McCarthy would essentially halt all legislative Business in the House until a replacement is picked. It remains unclear if Gaetz currently has more than a handful of votes for such a d...

Mike Lawler said the temporary funding bill to stop a government shutdown was the “only responsible thing to do” and blasted Matt Gaetz's push to remove Kevin McCarthy New York Rep. Mike Lawler on Sunday warned that hard-line Republican colleague Matt Gaetz's plan to call a vote on removing Speaker Kevin McCarthy would be "destructive to the country" and further delay conservatives' work on long-term government funding bills. "Nobody in our conference disagrees with the need to do single-subject spending bills. Nobody disagrees with the need to cut spending," Lawler told ABC "This Week" co-anchor Jonathan Karl. "In fact, it's one of the biggest reasons why I ran." Gaetz, in a separate interview on "This Week," denounced a temporary funding bill passed by Congress on Saturday to avert a partial government shutdown, arguing that it didn't do enough to change the culture of spending in Washington. He said he would ...

The White House warned Monday that the U.S. only has enough money to meet Ukraine's "urgent battlefield needs" in the short term. The White House warned Monday that the U.S. has only enough money to meet Ukraine's "urgent battlefield needs" in the short term, after Congress left additional funding for Ukraine out of a short-term measure to fund the U.S. government. The federal government has about $6 billion left in Military funding for Ukraine, according to U.S. officials. “It is enough to -- for us to meet the -- meet Ukraine’s urgent battlefield needs for a bit -- for a bit longer,” White House press secretary Karine Jean-Pierre said Monday. About $5.4 billion of the funding is set aside to provide to provide weapons and other military equipment to Ukraine from existing American stocks, the officials said. That money resulted from an accounting error the Pentagon said it fixed earlier this year, an official said. Another $1.6 billion remains from $25.9...

The White House on Tuesday expressed confidence that regardless of developments on Capitol Hill, the U.S. would ultimately provide more assistance for Ukraine. The White House on Tuesday expressed confidence that regardless of developments on Capitol Hill, the U.S. would ultimately provide more assistance for Ukraine -- but warned, absent progress, current funding could run out in "a couple of months." Despite Congress' failure to approve additional aid for Ukraine in government funding passed over the weekend -- and with House Speaker Kevin McCarthy's job hanging in the balance -- White House national security spokesman John Kirby said he remained hopeful. "All of the House leadership is supportive of continuing to help Ukraine, and the vast majority of House members on the Republican side are in support of continuing to help Ukraine," Kirby said. "There's a small number of very vocal -- a small minority of vocal members who are pushing back on ...