Commerce News
Commerce
The U.S. Department of Commerce announced a new data proposal intended at improving America’s comprehension of local regional economies and their capacity to compete.

Commerce
Raimondo: 'Local economic development practitioners are critical'
Eight economic development Communities of Practice will be backed by $27.9 million in cooperative agreements by the Department’s Economic Development Administration.

Commerce
Raimondo: 'Biden-Harris administration is committed to closing the digital divide across all Tribal communities'
The National Telecommunications and Information Administration recently awarded grants to two Tribal nations as part of theTribal Broadband Connectivity Program.

Commerce
FirstNet: 'First responders throughout the country use FirstNet to help them save lives'
The National Telecommunications and Information Administration issued a Federal Register Notice seeking expressions of interest from those interested in serving on the First Responder Network Authority Board.

Commerce
Pintar: Simulated AI storms 'can be used to create the data' to update design guidelines
Researchers at the National Institute of Standards and Technology developed a new method of simulating hurricanes.

Commerce
Crypto exchange chief strategy officer to senators: 'Binance has maintained that the best form of user protection is regulation'
Earlier this month, U.S. Senators Elizabeth Warren (D-MA), Chris Van Hollen (D-MD), and Roger Marshall (R-KS) sent a letter to Binance, the world's largest crypto exchange, accusing it of attempting to avoid laws and regulations.

Commerce
Raimondo: 'Fulfilling our bold conservation goals are a priority'
U.S. Department of Commerce recently requested the National Oceanic and Atmospheric Administration start a process to consider designating U.S. waters around the Pacific Remote Islands as a national marine sanctuary.

Commerce
3 House lawmakers join Blockchain Summit
The Chamber of Digital Commerce hosted its annual D.C. Blockchain Summit March 21 in Washington, D.C., which included the participation of three GOP congressmen.

Commerce
Becerra: 'Biden-Harris administration is committed to increasing access to health care and lowering costs'
The U.S. Department of Health and Human Services and the Department of Commerce are working to develop a framework for the implementation of the march-in provision in the Bayh-Dole Act, which allows the federal government to grant a license for a company to produce a patented drug, if the owner of the patent declines to grant permission.

Commerce
Raimondo: 'Investment will provide the infrastructure needed to support Greenville’s growing aerospace sector'
The U.S. Economic Development Administration approved a $1.3 million grant to Greenville, Texas, to improve the roadway infrastructure needed for the expansion of the region's aerospace sector.

Commerce
Niepold: 'Climate literacy guide is an essential reference for communities across the country'
The National Oceanic and Atmospheric Administration, the Smithsonian and multiple other federal agencies have combined their efforts to seek suggestions to update a key climate literacy guide.

Commerce
Young: 'No silver bullet' answer exists in combatting China's economic coercion
When it comes to China’s use of economic coercion to influence global affairs, the Center for Strategic and International Studies (CSIS) recommends a two-pronged approach of resilience and relief to counter it. As a corollary, the CSIS suggests avoiding retaliation.

Commerce
Biden administration move toward central bank digital currency 'is about surveillance and control,' DeSantis says
Florida Gov. Ron DeSantis is against a potential Federal Reserve launch of a central bank digital currency and he's doing something about it, according to a news release issued by his office earlier this week

Commerce
U.S. House committee hearing discusses 'Attack on the Digital Asset Ecosystem' by Biden administration
"Coincidence or Coordinated? The Administration’s Attack on the Digital Asset Ecosystem" was a live broadcast hearing on March 9 presented by the House Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion.

Commerce
Blockchain Association CEO: 'Today’s Economic Report of the President from the Biden administration is disappointing'
This year's Economic Report of the President highlighted the risks of cryptocurrency and dismissed its benefits.

Commerce
Signing of partnership understanding about semiconductor supply chains, other developments mark 'an optimistic time for U.S.-India relations,' Commerce Secretary says
U.S. Commerce Secretary Gina Raimondo's trip to India earlier this month gave officials from both nations a chance to meet and resulted in signing of an understanding about a semiconductor supply chain partnership, according to news releases

Commerce
Prabhakar: Public comment 'will help us develop a National Spectrum Strategy that meets the needs of today and tomorrow'
U.S. Department of Commerce's National Telecommunications and Information Administration is seeking public comment about the nation's airwaves technologies.

Commerce
Wang: 'Agreements will provide an effective remedy for grape farmers and processors of white grape juice concentrate'
U.S. Department of Commerce recently announced antidumping and countervailing duty suspension agreements on white grape juice concentrate from Argentina.

Commerce
Association of Certified Anti-Money Laundering Specialists: China is 'uncooperative' with U.S. authorities in cracking down on money laundering
The Southern California Chapter of the Association of Certified Anti-Money Laundering Specialists (ACAMS) recently released a report which details how China engages in trade-based money laundering (TBML) to legitimize the profits of criminal activities by utilizing intermediaries in the U.S. and Mexico. Experts estimate that between $294 billion and $736 billion USD is laundered through the Chinese economy each year.
Commerce
DOC: In Bali, IPEF negotiators share vision for 'open, connected, prosperous and resilient Indo-Pacific region'
Representatives of the U.S. Department of Commerce and the Office of the United States Trade Representative traveled to Indonesia last week for the second round of negotiations in the Indo-Pacific Economic Framework for Prosperity.

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