Biden Administration Taps Wall Street to Help Revive Chips Industry

To bring semiconductors production back to the U.S. the Biden administration has tapped Wall Street insiders to help it allocate $39 billion in taxpayer-funded subsidies and incentives. WSJ reporter Yuka Hayashi joins host Zoe Thomas to explain why their expertise is valuable for one of the most significant acts of government intervention since World War II. Learn more about your ad choices. Visit megaphone.fm/adchoices