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Congress OKs bill to aid computer chip firms, counter China

President Joe Biden listens during a meeting with CEOs in the South Court Auditorium on the White House complex in Washington, Thursday, July 28, 2022. Biden was updated on economic conditions across key sectors and industries. (AP Photo/Susan Walsh) Commerce Secretary Gina Raimondo speaks during a meeting with CEOs in the South Court Auditorium on the White House complex in Washington, Thursday, July 28, 2022. President Joe Biden participated in the meeting and was updated on economic conditions across key sectors and industries. (AP Photo/Susan Walsh) President Joe Biden speaks virtually during an event in the South Court Auditorium on the White House complex in Washington, Monday, July 25, 2022. Biden, who continues to recover from his coronavirus infection, spoke virtually with business executives and labor leaders to discuss the Chips Act, a proposal to bolster domestic manufacturing. (AP Photo/Susan Walsh)