WASHINGTON – U.S. Senator Maggie Hassan (D-NH), Ranking Member of the Joint Economic Committee, helped lead a hearing yesterday examining barriers to supply chain modernization and ways to enhance U.S. manufacturing productivity. During the hearing, Senator Hassan highlighted bipartisan agreement on the need to strengthen America’s ability to outcompete China while raising concerns about current policies from the Trump Administration that threaten recent progress.
“I join Chairman Schweikert in recognizing how important it is that we modernize our supply chains and strengthen manufacturing here in the United States, especially as we work to outcompete China,” said Senator Hassan. “In the last several years, we’ve seen increased investment in critical technology manufacturing across the country, including new funding for projects in my home state of New Hampshire.”
Senator Hassan emphasized the success of recent bipartisan investments in American manufacturing and research, noting that legislation like the bipartisan CHIPS and Science Act has driven critical domestic technology manufacturing and that the bipartisan infrastructure law and energy tax cuts in the Inflation Reduction Act are supporting modern supply chains through energy production and infrastructure investments. “To capitalize on these investments, deliver for the American people, and support private sector growth, we also need to streamline regulations. Doing so is essential to advancing American innovation and manufacturing,” she said.
However, Senator Hassan expressed concerns about Trump Administration policies that could undermine recent progress: “President Trump’s actions have threatened the progress that we’ve started to see in recent years. His erratic tariffs are slowing manufacturing investment and his moves to slash funds for cutting-edge research will make it harder for the United States to develop and produce our own technology,” Senator Hassan warned.
Click here for video of the full hearing.
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