WASHINGTON, Nov 25 Reuters Companies have pledged to invest more than 1 trillion in U.S. industries such as semiconductors and clean energy during the Biden administration, the White House said on Monday, citing the passage of three critical laws in recent years.

U.S. President Joe Biden has cited the Bipartisan Infrastructure Law, the CHIPS and Science Act, and the Inflation Reduction Act as helping to push his sweeping infrastructure agenda and create more jobs nationwide.

We passed legislation to rebuild our infrastructure, build a clean energy economy, and bring manufacturing back to the United States after decades of offshoring, Biden said.

These investments in industries of the future are ensuring the future is made in America, by American workers. And theyre creating opportunities in communities too often left behind.

Subsidies provided under these laws have lured a number of chipmakers and other companies to create or expand production facilities in the United States.

Still, the investments were not enough for Biden39;s fellow Democrats, who lost control of the White House and the U.S. Senate in this month39;s election and failed to recapture the U.S. House of Representatives.

Some Democrats have blamed the loss on economic concerns and a disconnect from voters despite policies designed to boost the working and middle class, such as efforts to address price gouging and support for unions.

Republican U.S. Presidentelect Donald Trump capitalized on…