It’s been about two years since President Joe Biden signed the CHIPS and Science law. A week after that anniversary marks two years since the signing of the the Inflation Reduction Act. Today, we’re joined by Heather Boushey, a member of the White House’s Council of Economic Advisers, to discuss what the arrival of federal investments is beginning to look like. But first, we’ll break down Fed Chair Jerome Powell’s remarks at yesterday’s press conference.