Securing Semiconductor Supply Chains Act of 2025

Floor Speech

Mr. Speaker, I rise to speak in support of H.R. 2480, the Securing Semiconductor Supply Chains Act.

Semiconductors are a necessary component of everything from consumer electronics to automobiles to our national defense weapons systems. The United States, once a global powerhouse in semiconductor fabrication, has become dangerously reliant on other countries to manufacture these chips, which are vital to both our national economic and security interests.

That is why I was proud to help lead the passage of the CHIPS and Science Act, a transformational law passed in 2022 that strengthens our manufacturing base and helps create good-paying jobs for American workers, unleashes more innovation, and lowers costs for consumers. That law is investing over $52 billion in domestic semiconductor production, research, and development.

Reshoring America's semiconductor supply chains requires carefully crafted policy, economic and market stability, and State and Federal Government partners empowered to support the industry. The Trump administration is offering our country none of these things and is instead pulling the rug out from under this critical sector by increasing their construction costs with tariffs on critical trading partners, creating unstable market conditions through careless policy, in my opinion, and abruptly firing the government workers and domestic manufacturers who depend on it. This weakens our manufacturing sector and hinders our ability to bring good jobs back to the United States, and it will increase costs for American families who are already struggling to make ends meet.

The legislation before us today will provide valuable information about how we can take well-informed steps to increase foreign direct investment to further advance our efforts to strengthen the semiconductor supply chains, create more jobs, and continue to revitalize American manufacturing.

Mr. Speaker, I commend Representative Landsman for his leadership on this issue, and I urge my colleagues to support this bill.

BREAK IN TRANSCRIPT

Mr. PALLONE. Mr. Speaker, I have no additional speakers. I urge support for this legislation, and I yield back the balance of my time.

BREAK IN TRANSCRIPT

Source