White House backs tech bill boosting U.S. supply chains

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© Reuters. Jen Psaki speaks at a news briefing at the White House in Washington

WASHINGTON (Reuters) – The White House on Wednesday threw its support behind a legislative effort to address Chinese competition, saying U.S. President Joe Biden welcomed the bipartisan bill aimed at strengthen U.S. supply chains.

“We look forward to working with Congress to further shape this legislation to renew America’s global leadership in science and technology and to make sure we develop and manufacture the technologies of the future,” White House spokeswoman Jen Psaki said in a statement.

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