WTF Just Happened Today?

Day 553: "Kind of wild."


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1/ The Senate advanced a bill that would provide $52 billion in subsidies to domestic semiconductor manufacturers to boost U.S. competitiveness with China. The package, known as “CHIPS-plus,” would also invest billions in science and technology innovation, and provide grants, incentives and tax breaks to the sector. If the Senate passes the bill, as expected, it would then move to the House, where it also has the support needed for passage. (Washington Post / Bloomberg / CNBC)

2/ Biden is reportedly considering another extension to the student loan repayment pause, as well as forgiving $10,000 in student loan debt per borrower. The current moratorium on student loan payments expires Aug. 31, but the federal government’s student loan servicing contractors have been instructed to hold off on contacting borrowers about resuming payments. If the administration pushes back the pause on payments, it would be the seventh time the date has been rescheduled since March 2020. (Bloomberg / Wall Street Journal / NBC News / CNN)

3/ The U.S. leads in the most known monkeypox infections globally, reporting more than 3,400 confirmed or suspected cases. The Biden administration, meanwhile, is weighing whether to declare a public health emergency, and plans to name a White House coordinator to oversee the response. Almost 18,000 cases have been confirmed in nearly 70 countries, leading the WHO to declare monkeypox a global health emergency. (Wall Street Journal / Washington Post)

4/ Two top aides to Pence testified to a federal grand jury investigating the Jan. 6 attack on the Capitol. Pence’s chief of staff, Marc Short, and legal counsel Greg Jacob were subpoenaed in the Justice Department’s criminal investigation. Short is the highest-ranking White House official to testify for the panel. Mike Pompeo, separately, is tentatively scheduled to speak with the Jan. 6 committee in the coming days behind closed doors. (Wall Street Journal / New York Times / NBC News / CNN)

5/ Previously undisclosed emails show how the Trump campaign wor...

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WTF Just Happened Today?By Matt Kiser

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