No One Is Jumping to Meet Trump’s Call to Repeal the CHIPS Act

The president’s directive unsettled and concerned lobbyists, but Republicans on the Hill are still praising the legislation.

Trump Taiwan Semiconductor

President Donald Trump speaks met with C.C. Wei, chairman and CEO of the Taiwan Semiconductor Manufacturing Company, Monday. AP

President Donald Trump’s call to “get rid” of the CHIPS and Science Act this week surprised lawmakers and set K Street on edge.

But the suggestion hasn’t really gained traction on Capitol Hill.

Republicans seem reluctant to press the issue and several lobbyists were reluctant to discuss it — though some said they have checked in with longstanding supporters of the bipartisan law, “reminding them of their vote,” as Rich Gold, a partner at the lobbying firm Holland & Knight told NOTUS.