The Morning Dispatch: A Shortfall of Chips

Happy Wednesday! Today’s newsletter features 1,200 words on semiconductor manufacturing and supply chain managem—Hey! Where do you think you’re going? Don’t click out of this email, this is important, darn it!

Quick Hits: Today’s Top Stories

  • President Biden pledged in a speech yesterday that the United States will have enough supply for “every adult in America” to be vaccinated by the end of May, due in large part to a corporate partnership between Johnson & Johnson and Merck that will expedite manufacturing of the former’s recently authorized vaccine.

  • The Treasury Department announced on Tuesday it was imposing sanctions on seven Russian government officials in response to their involvement in the poisoning and imprisonment of opposition leader Alexei Navalny. “The Kremlin’s use of chemical weapons to silence a political opponent and intimidate others demonstrates its flagrant disregard for international norms,” Treasury Secretary Janet Yellen said.

  • The White House withdrew Neera Tanden’s nomination to serve as director of the Office of Management and Budget last night, as it became clear the former think tank president did not have enough support to be confirmed by the Senate.

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