US considers plan to reallocate $2B within the chips act funding for vital supplies:

Reuters is reporting Trump administration is contemplating

• Plans to reallocate $2 billion in CHIP Act funds for vital supplies
• Goals to provide Commerce Sec. Lutnick higher oversight of minerals financing selections.:

The CHIPS Act funds had been accepted by a bipartisan vote in Congress. This seems like a rewriting of that funding together with shifting authorization of funds from Congress to the administration instantly.

Let me guess….Nationwide safety powers.

In different information:

• The Trump administration says it’s reviewing all 55 million folks with US visas for potential deportation violations.

This text was written by Emma Wang at investinglive.com.