News and reports from the Department of Commerce.

Commerce News

Commerce
The Federal Trade Commission recently shed light on its commitment to preventing unlawful repair restrictions on consumers during a hearing with the House Energy and Commerce Subcommittee on Consumer Protection and Commerce.
Commerce

Raimondo: Tech Hubs help U.S. in 'developing and delivering critical technologies'

The Economic Development Administration plays a central role in President Biden’s Investing in America agenda and uses the Tech Hubs as an innovation strategy.
Commerce

Assistant Secretary of Commerce for Economic Development Castillo: 'We are grateful to Congress for this disaster relief supplemental funding'

The Economic Development Administration (EDA) announced on April 24 that it is offering funding to address the economic challenges faced by communities that are affected by natural disasters like Hurricanes Fiona and Ian, wildfires, and floods that took place in 2021 and 2022.
Commerce

Raimondo: 'With these smart, targeted investments, we will bolster our economic and national security'

The U.S. Department of Commerce needs Congress' continued support to keep building momentum, Commerce Secretary Gina Raimondo said during a recent budget hearing.
Commerce

Raimondo: 'Equity underpins everything that we do at the Commerce Department'

The U.S. Department of Commerce is there to serve all communities, including those that historically have been underserved, Secretary Gina Raimondo said during a recent civil rights gathering in New York.
Commerce

Graves: 'America’s commercial space industry is vital to our country’s continued global competitiveness'

Russian aggression in Ukraine continues and the U.S. Department of Commerce is doing what it can to counter the invasion, Commerce Deputy Secretary Don Graves said during a recent gathering in Colorado.
Commerce

Altman: 'I think moving with caution and an increasing rigor for safety issues is really important'

A group of leading technology experts signed an open letter calling for a pause in the development of artificial intelligence.
Commerce

Raimondo: 'The Biden-Harris administration is moving aggressively to tackle the climate crisis'

The U.S. Department of Commerce and Vice President Kamala Harris announced on April 21 that $562 million in funding for 149 projects across 30 coastal states and territories will be going toward making those communities and their economies resilient to climate change.
Commerce

Raimondo: Tech center 'will ensure that the U.S. leads the way in the next generation of semiconductor technologies'

The National Institute of Standards and Technology has shared its plans for the National Semiconductor Technology Center, a proposed national center for semiconductor research and production.
Commerce

Owner of California construction company receives 78 months in prison for charges of defrauding U.S. government and bribery

The owner of a construction company has been sentenced to 78 months in prison and ordered to pay nearly $1 million in restitution for defrauding the U.S. government.
Commerce

Secretary Reimondo: 'The Biden-Harris Administration and Department of Commerce are committed to bold conservation goals through the America the Beautiful initiative'

The National Oceanic and Atmospheric Administration (NOAA) announced on April 17 that it is planning to designate a national marine sanctuary in the Pacific Remote Islands area.
Commerce

NTIA: 'In 10 years, we expect to say that this program unlocked opportunities'

The Biden-Harris administration has formally launched the $1.5 billion Innovation Fund, an initiative aimed at supporting the development of open and interoperable 5G and future-generation technologies.
Commerce

Ye: 'I do think that this comb technique is superior to anything out there'

Researchers at JILA have modified a breathalyzer to make it accurately detect COVID-19.
Commerce

EDA: 'Competition will provide funding for programs that help build a robust STEM workforce'

The U.S. Economic Development Administration recently announced it is accepting applications for its 2023 STEM Talent Challenge.
Commerce

SEC Chair Gensler criticized for “nonsensical” regulation of digital assets: “approach is driving innovation overseas”

Members of the House Financial Services Committee, led by Chairman Patrick McHenry, questioned Securities and Exchange Commission (SEC) Chair Gary Gensler in a recent hearing for his approach to digital asset regulation and rulemaking.
Commerce

Davidson proposes legislation removing SEC chair position ‘to correct a long series of abuses'

Rep. Warren Davidson (R-Ohio) is behind a new bill that would put end to U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler’s position after the agency’s plan to possibly redefine what an “exchange” means in terms of cryptocurrency.
Commerce

FTC Warns Marketing Companies Over Unsubstantiated Product Claims

The Federal Trade Commission (FTC) has warned nearly 700 marketing companies advertising over-the-counter drugs, homeopathic products, dietary supplements, and functional foods against making deceptive claims about their products.
Commerce

Unraveling the Web of Internet Freedom: A Candid Conversation with Mike Benz, Former Diplomat Turned Digital Freedom Advocate

Mike Benz, Executive Director of the Foundation for Freedom Online, is a former State Department diplomat who specialized in international communications and information technology matters.
Commerce

EDA: 'Entrepreneurs, especially technology entrepreneurs, flourish in healthy ecosystems'

The U.S. Economic Development Administration is accepting applications for its Fiscal Year 2023 (FY23) STEM Talent Challenge, a $4.5 million grant competition to develop local STEM workforces.
Commerce

Raimondo: New USPTO award acknowledges brand owners 'making meaningful contributions toward a cleaner and healthier environment'

The USPTO recently announced a new awards program to acknowledge brands that use their influence to address humanitarian and environmental challenges.
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