Manufacturing 14 min read

Commerce Department's First Equity Stake Under CHIPS Act Expands Government Industrial Policy Into Uncharted Territory

The government is taking 8-16% ownership in USA Rare Earth under a novel CHIPS Act interpretation. Senator Todd Young says it wasn't authorized. Here's what companies need to know.

By Meetesh Patel

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This article does not constitute legal advice. Companies should consult counsel regarding specific CHIPS Act funding applications and government co-investment structures.

Disclaimer: This article is provided for informational purposes only and does not constitute legal advice. The information contained herein should not be relied upon as legal advice and readers are encouraged to seek the advice of legal counsel. The views expressed in this article are solely those of the author and do not necessarily reflect the views of Consilium Law LLC.