Commerce News
Commerce
Alaska Marine Education and Training Mini-Grant Program grant opened on Feb. 10.
Commerce
Biden-Harris Administration Announces Nearly $3 Million in an Internet for All Grant to Universidad del Sagrado Corazón in Puerto Rico
News Release: The Department of Commerce’s National Telecommunications and Information Administration (NTIA) announced today it has awarded Universidad del Sagrado Corazón a $2,978,187.00 grant from the Connecting Minority Communities Pilot Program (CMC).
Commerce
Finance Committee to Hold Hearing on Werfel Nomination to Lead IRS
News Release: WASHINGTON, D.C. - Senate Finance Committee Chair Ron Wyden, D-Ore., will convene a hearing on Wednesday, February 15th, 2023, on President Biden's nomination of Danny Werfel to serve as commissioner of the Internal Revenue Service. The hearing will take place at 10:30 a.m. in Room 215 of the Dirksen Senate Office Building.
Commerce
Marine Mammals; File No. 27077 discussed on Feb. 9 by Commerce Department
The US Commerce Department published a one page notice on Feb. 9, according to the U.S. Government Publishing Office.
Commerce
Smith Demands Answers from IRS on $80 Billion Middle Class Audits Plan
News Release: WASHINGTON, DC - As part of the Ways and Means Republicans ongoing aggressive oversight of the Biden Administration and the Internal Revenue Service (IRS), Ways and Means Committee Chairman Jason Smith (MO-08) sent a letter today to Acting IRS Commissioner Douglas O’Donnell demanding the agency provide the Committee with a copy of its soon to be completed plan on how it will allocate the $80 billion in funds Democrats provided in their Inflation Reduction Act (IRA)...
Commerce
Chair Rodgers: Government Must Be Accountable to “We, the People”
News Release: Washington, D.C. - House Energy and Commerce Committee Chair Cathy Rodgers (R-WA) delivered the following opening remarks at today’s full committee markup of Energy and Commerce’s Authorization and Oversight Plan for the 118th Congress.
Commerce
Census Bureau Releases New Index of Economic Activity
News Release: The U.S. Census Bureau today premiered a new daily data product: the Index of Economic Activity (IDEA). The index effectively combines 15 of the primary economic data series produced by the Census Bureau to yield a single time series as a weighted combination. IDEA will live at the top of the Census Bureau Briefing Room webpage at .
Commerce
Chairman Smith Op-Ed: For America’s economy to work, we need a working-class agenda
News Release: Chairman Smith Op-Ed: For America’s economy to work, we need a working-class agenda.
Commerce
Chairman Smith: Rising Interest Rates All the More Reason to Address Fiscal Sanity in Debt Limit Debate
News Release: WASHINGTON, DC - House Ways and Means Committee Chairman Jason Smith (MO-08) released the following statement after the Federal Reserve continued its interest rate increases at the fastest rate in 40 years - raising rates another 25 basis points, for a total of 4.5 percent, the eighth increase since March 2022 and cumulatively larger than the past 15 years combined...
Commerce
Committee Republicans Expose Human Rights, Environmental Crises in Mineral Supply Chains
News Release: WASHINGTON, D.C. - Today, the House Committee on Natural Resources Subcommittee on Oversight and Investigations held a hearing titled"Dependence on Foreign Adversaries: America’s Critical Minerals Crisis." Subcommittee Chairman Paul Gosar (R-Ariz.)issued the following statement in response.
Commerce
Smith: Biden’s War on Working Class Intensifies with Supercharged IRS Stepping Up Enforcement Against Tipped Service Workers
News Release: Washington, DC - In another instance of President Biden violating his pledge not to use the newly supercharged IRS against workers earning less than $400,000 a year, the tax collection agency announced a new dragnet to ensure workers properly report their tips. The program, according to an IRS announcement,...
Commerce
Ways and Means to Hold Hearing on The Greatest Theft of Taxpayer Dollars: Unchecked Unemployment Fraud
News Release: Washington, D.C. -The House Committee on Ways and Means tomorrow will hold a hearing titled, “The Greatest Theft of Taxpayer Dollars: Unchecked Unemployment Fraud." The hearing will take place on Wednesday, February 8, 2023, at 10:00 AM in Longworth 1100.
Commerce
Puerto Rico Approved to Receive Federal Funding Through the State Small Business Credit Initiative to Support Small Business Financing Programs
News Release: Treasury Department Announces Puerto Rico to Receive up to $109 Million to Promote Small Business Growth and Entrepreneurship through President Biden’s American Rescue
Commerce
Crypto CEOs agree: 'Regulation, done correctly, can be a huge benefit'
Changpeng Zhao (CZ), the Canadian CEO and founder of Binance, the world's largest crypto exchange, said in a recent tweet that regulation can benefit the crypto industry and ultimately lead to more mainstream adoption by providing guidance and confidence to both those who provide crypto services and those who use them.
Commerce
Chairman Smith: Biden Administration Cannot Override Congress’s Constitutional Tax-Writing Authority
News Release: WASHINGTON, DC - House Ways and Means Chairman Jason Smith (MO-08) released the following statement after the Organization for Economic Co-operation and Development (OECD) published guidance on February 2 regarding the treatment of tax credits and allocation of tax among countries within its global minimum tax project...
Commerce
Chairman Smith Invites DOJ “Chief Pandemic Prosecutor” to Testify on Greatest Theft of Taxpayer Dollars in American History
News Release: WASHINGTON, DC - In response to the Biden Administration’s failure to provide timely accountings of the size, scope, and severity of pandemic fraud perpetrated on the American public, House Ways and Means Chairman Jason Smith (MO-08) sent a letter to Assistant U.S. Attorney Michael Galdo, the acting “Chief Pandemic Prosecutor," inviting him to testify at a Ways and Means committee hearing on unemployment insurance (UI) fraud on February 8, 2023.
Commerce
Chairman Smith Opening Statement: The Greatest Theft of Taxpayer Dollars – Unchecked Unemployment Fraud
News Release: WASHINGTON, DC - House Ways and Means Committee Chairman Jason Smith (MO-08) shined a spotlight today on how Democrats, at every turn, blocked investigations into the greatest theft of taxpayer dollars in American history. In the new majority, Republicans are investigating what exactly is being done or not done to determine the size, scope, and severity of stolen unemployment insurance funds.
Commerce
Fact Check: President Biden’s Rhetoric Doesn’t Match His Results, Economy Continues to Fall Short of Expectations
News Release: WASHINGTON, D.C. - President Biden did not let the facts get in the way of his speech Thursday in Springfield, VA. While Biden claimed the economy is growing strong, the latest report on economic growth reveals that the economy under his Administration’s policies has fallen short of expectations on seven...
Commerce
Notice published by Commerce Department on Feb. 9
The US Commerce Department published a three page notice on Feb. 9, according to the U.S. Government Publishing Office.
Commerce
Remarks by Deputy Secretary of Commerce Don Graves at Press Conference in Puerto Rico: Highlighting the Administration’s Pledge to Support Economic Recovery and Renewal for the Archipelago
Release: Good afternoon, everyone. It’s wonderful to be back in Puerto Rico.
Your news, delivered.
Subscribe and personalize your weekly Newswire round-up.