White House again increases use of defense law to address chip shortage: report

The Biden administration has again suggested invoking the Defense Production Act to address the critical semiconductor shortage, according to a new report.

Bloomberg News reported Thursday that Secretary of Commerce Gina Raimondo said Cold War-era law was under consideration as a way to impose greater transparency on businesses, to alleviate bottlenecks. production throttling and identify potential flea hoarding.

Raimondo …