On January 16, 2025, what action did Secretary of Commerce Gina Raimondo take to establish the National Center for the Advancement of Semiconductor Technology (Natcast)?

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Gina Raimondo, Biden's Commerce Secretary, signed the original January 16, 2025 partnership agreement that awarded Natcast up to $7.4 billion to operate the National Semiconductor Technology Center. The agreement was finalized just four days before Biden left office, during the transition period when outgoing officials often lock in policy decisions. Lutnick later characterized this timing as an attempt to insulate Natcast from incoming Trump administration oversight (Commerce Dept. press release, Aug. 25, 2025; GoLocalProv, Aug. 27, 2025).

On January 16, 2025, what action did Secretary of Commerce Gina Raimondo take to establish the National Center for the Advancement of Semiconductor Technology (Natcast)?

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