Dem Senator Wants to Subsidize Industry His Family Is Investing In

Sen. Ron Wyden, D-Ore., is pushing for legislation to expand U.S. manufacturing of semiconductors, batteries and other technology – but his wife recently purchased at least $2,000 worth of stock in American semiconductor manufacturing tool companies.

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Wyden’s wife Nancy Bass Wyden purchased between $2,002 and $30,000 in stock from two companies, Applied Material Inc. and KLA Corp., on Feb. 26, according to a financial disclosure report Wyden filed Tuesday evening.

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Applied Material and KLA “dominate” the semiconductor manufacturing tool industry, according to Reuters.



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