Secretary of Commerce Gina Raimondo links CHIPS Act funding for semiconductor plants to CEO plans for employee childcare access.
Secretary of Commerce Gina Raimondo advocates for CHIPS Act funding for semiconductor plants to be tied to CEO plans for employee access to childcare. Raimondo, speaking at CNBC's Changemakers Summit, called it "deeply misguided" to label child-care policy as a purely social issue. She cited a Boston Consulting Group study that found a return on investment from childcare ranging between 90-425%.
April 18, 2024
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