News Snapshot:
WASHINGTON :The Biden administration is reviewing policies for the export of some semiconductor chips to China to ensure that advanced technological know-how does not ending up in Beijing, a top Commerce Department official said during a congressional hearing on Thursday. "I'm conducting a complete review over those policies...right now, Alan Estevez, Under Secretary of Commerce for Industry and Security, testified at a hearing of the Senate banking committee on Thursday. "And there's also an interagency process looking at this. So there is a redline on what we would allow the Chinese to access." Estevez, whose bureau oversees restrictions on U.S....
