Commerce Secretary Howard Lutnick voids ‘illegal’ $7.4B payment to Biden-staffed nonprofit for semiconductor research – Bundlezy

Commerce Secretary Howard Lutnick voids ‘illegal’ $7.4B payment to Biden-staffed nonprofit for semiconductor research

“Rather than establishing these operations within the Department, however, Biden Administration officials spent significant time, effort, and resources creating an unaccountable, outside entity–Natcast–to administer taxpayer funds,” Lutnick wrote in an Aug. 25 letter to Natcast CEO Deirdre Hanford.

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