Commerce News
Commerce
Reps. Blake Moore (R-UT) and Anna Eshoo (D-CA) have reintroduced the Protecting Circuit Boards and Substrates Act, which aims to encourage domestic printed circuit board (PCB) production to help decrease American reliance on China.
Commerce
Raimondo: Well-trained U.S. workforce 'critical to spurring more foreign direct investment'
A joint federal initiative has been launched to develop a network of skilled employees to fill the workforce requirements of foreign firms with new or expanding U.S. operations.
Commerce
Raimondo: 'I look forward to hosting the IPEF Ministers in Detroit'
The United States will host an Indo-Pacific Economic Framework (IPEF) ministerial meeting in Detroit on May 27.
Commerce
SEC Chair Gensler: Advisory committee's new members will play important role 'for companies of every size'
SEC has confirmed new members of the Small Business Capital Formation Advisory Committee.
Commerce
U.S. Chamber of Commerce hosts Bangladeshi prime minister
The U.S. Chamber of Commerce played host to Bangladesh Prime Minister Sheikh Hasina for the inaugural visit to push forward a U.S.-Bangladesh commercial partnership.
Commerce
European Central Bank sets measures to battle high euro inflation
The European Central Bank (ECB) has announced a 25 basis point increase in its three key interest rates, in response to high inflation pressures in the euro area.
Commerce
McHenry: 'It’s the job of lawmakers — not unelected bureaucrats — to legislate a regulatory framework' for digital assets
Congressman Patrick McHenry (R-NC), the chairman of the House Financial Services Committee, sent a letter on May 9 to House Appropriations Committee Chairwoman Kay Granger (TX-12) and Ranking Member Rosa DeLauro (CT-03) outlining his committee's priorities. McHenry said in the letter that a top priority is ensuring that innovation can thrive in the U.S., and he believes that in order for that to happen, Congress needs to pass a comprehensive bill laying out regulations for digital assets.
Commerce
Gensler: Updates to Form PF will 'help protect investors and promote financial stability'
The U.S. Securities and Exchange Commission (SEC) has adopted amendments to a confidential reporting form for certain SEC-registered investment advisers to private funds.
Commerce
James: 'The international market is increasingly important for Indian Country'
Tribal nations and native-owned businesses are getting support in reaching a global audience thanks to a strategic-partnership agreement between the federal government and a nonprofit.
Commerce
Tai: 'Innovation and creativity are at the heart of American competitiveness'
The Office of the United States Trade Representative (USTR) has released a report examining how effectively intellectual property rights are protected by U.S. global trade partners.
Commerce
SEC OKs amendments to modernize disclosure requirements for equity securities repurchases
The Securities and Exchange Commission (SEC) has adopted amendments that modernize the disclosure requirements for issuers' equity securities repurchases, according to a news release.
Commerce
Tai: 'We honor our rich history and legacy and recommit ourselves to forge a freer and fairer tomorrow'
U.S. Trade Representative Katherine Tai observed the start of Asian American, Native Hawaiian, and Pacific Islander (AA and NHPI) Heritage Month with a statement issued May 1.
Commerce
Clark: 'U.S.-Korea relationship has transformed from a security alliance into a flourishing global partnership'
The U.S.-Korea Business Council hosted high-level meetings April 28 to strengthen the bilateral economic and trade relationship between the two nations.
Commerce
McHenry on First Republic collapse: 'Americans should remain confident in the safety of their deposits at U.S. banks'
JPMorgan Chase Bank has entered into an agreement to assume all deposits and substantially all of the assets of First Republic Bank.
Commerce
U.S. senator on the need for U.S. crypto bill: 'You're going to go where there's a regulatory certainty'
Sen. Cynthia Lummis (R-WY) was one of several legislators who spoke at the April 26 Bitcoin Policy Summit, a one-day conference hosted by the Bitcoin Policy Institute.
Commerce
Davis: 'We are starting to understand PFAS in the firefighter gear'
Researchers at the National Institute of Standards and Technology discovered firefighters' protective gear, known as turnout gear, contains high levels of per- and polyfluoroalkyl substances (PFAS), which are suspected carcinogens.
Commerce
Raimondo: 'There is no better place to bring your business than the United States'
During her opening remarks at the 2023 SelectUSA Investment Summit May 2, Commerce Secretary Gina Raimondo highlighted the country's major draws for foreign investors.
Commerce
Khan: 'Claims of innovation must not be cover for lawbreaking' with AI
Federal Trade Commission Chair Lina M. Khan, alongside officials from three other federal agencies, jointly pledged to remain committed to defending fairness, equality and justice in the face of the rising popularity and influence of artificial intelligence.
Commerce
Commerce's Raimondo: $4 million grant 'will support green jobs and clean, affordable electricity for residents of the Fort Mojave Reservation'
The U.S. Department of Commerce's Economic Development Administration (EDA) recently announced a $4 million grant to the Fort Mojave Aha Macav Power Service in Arizona.
Commerce
Commerce Department's Raimondo appoints new board chair of FirstNet Authority
Secretary of Commerce Gina Raimondo announced that Chief Richard Carrizzo has been appointed as board chair of the First Responder Network Authority.
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