
How to update the default settings of government, by former CHIPS Program Office leadership.
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Preventing conflicts of interest (or even the mere appearance of them) is one of the many balancing acts of industrial policy. But government intervention in private markets requires real private-sector expertise that can invite those very...
Both the Trump and Biden administrations have expanded the industrial policy toolkit. Government intervention in the private sector has grown, as evidenced by the recent use of supply side incentives, equity investments, price floors, lendi...
In late 2023, the CHIPS Program Office was deep in negotiations with our leading-edge applicants — the multibillion-dollar deals that would form the core of the portfolio. After an internal meeting, one of our lawyers pulled me aside. A maj...
This is a crosspost with Macroscience, a newsletter from the Institute for Progress focusing on increasing the speed and effectiveness of American science. You can subscribe to Macroscience here:
Macroscience
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I have killed the same spreadsheet three times.
From early 2023 through early 2025, a small group of people — usually spanning investments, legal, ops, and the front office — was designing the detailed operations of the CHIPS awards proces...
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The writers behind this newsletter.
How to update the default settings of government, by former CHIPS Program Office leadership.
Distinguished Visitor at Princeton University, Non-Resident Senior Fellow at the Institute for Progress, and former Director of the CHIPS Program Office
Non-Resident Fellow at the Institute for Progress; Research Fellow at Harvard Kennedy School; Fmr Chief Investment Officer CHIPS Program Office; Fmr Private Equity Partner and Chief Administrative Officer KKR
Oren Cass is the chief economist at American Compass and a contributing editor for the Financial Times.
Executive Director of Employ America, a macroeconomic policy research and advocacy organization.
Managing Director of Policy Implementation, Employ America & Director of Infrastructure Policy, IFP.
Donna Dubinsky is a serial entrepreneur based in Silicon Valley best known for her leadership roles at Palm, Handspring and Numenta.
Native New Yorker, long time public servant, dog mom, amateur gardener. (And founding Chief of Staff and Chief Operating Officer of the CHIPS Program Office).
Fmr COO and Acting Head of CHIPS Investment Office. Passionate about economic security and government effectiveness. Mom of 3.
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