U.S. Department Of Commerce (DOC)
U.S. Government: Agencies/Departments/Divisions | Federal Agencies
Recent News About U.S. Department Of Commerce (DOC)
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Congressman French Hill (R-AR), chairman of the Subcommittee on Digital Assets, Financial Technology and Inclusion, said he and other committee leaders have introduced a bill aiming to provide regulatory clarity to crypto market participants, protect consumers, and encourage innovators to remain in the U.S. The bill includes paths for industry participants to register with the Commodity Futures Trading Commission (CFTC) and the U.S. Securities and Exchange Commission (SEC) and directs both agencies to work with foreign regulators to develop international standards.
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The Federal Trade Commission has partnered with federal and state law enforcement agencies and all 50 states' attorneys general, in 180 enforcement actions targeting illegal telemarketing calls.
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Raimondo: ‘This EDA investment will help create opportunities for residents to get good-paying jobs’The U.S. Department of Commerce’s Economic Development Administration awarded a $1.6 million grant to Spindale, N.C., for upgrades to its water and sewer system for expansion of a local truckload carrier company.
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The Securities and Exchange Commission (SEC) has announced charges against Merrill Lynch, Pierce, Fenner & Smith Inc. and its parent company, BAC North America Holding Co. (BACNAH) for failing to file hundreds of Suspicious Activity Reports (SARs) between 2009 and 2019.
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NOAA has launched the Hurricane Analysis and Forecast System (HAFS), a new hurricane forecast model that aims to improve accuracy in predicting storm tracks and rapid intensification. HAFS will replace existing models and enhance hurricane forecasting capabilities for the National Weather Service in the United States.
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The Securities and Exchange Commission (SEC) has charged former U.S. Army financial counselor Caz L. Craffy with defrauding Gold Star family members of benefits, including of life insurance and survivor benefits received after the death of an active duty service member.
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In early July, the Federal Trade Commission (FTC), in collaboration with the U.S. Food and Drug Administration (FDA), has issued cease and desist letters to companies that sell edible products containing Delta-8 THC. Many of these products are packaged in a manner that closely resembles food commonly consumed by children.
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U.S. Secretary of Commerce Gina Raimondo welcomed the European Union's adoption of the Data Privacy Framework (DPF). The adoption of the DPF allows for the transfer of personal data from EU countries to U.S. organizations.
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The U.S. Securities and Exchange Commission (SEC) has announced that it filed insider trading charges against ex-Pfizer employee Amit Dagar and his business partner, Atul Bhiwapurkar, for trading before the announcement of a successful trial of the antiviral COVID-19 treatment Paxlovid,
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BlackRock CEO Larry Fink has declared his support of Bitcoin, describing the leading cryptocurrency as an "international asset" with the potential to transform the financial industry, he said.
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Sen. Cynthia Lummis (R-Wyo.) tweeted her support of the Southern District of New York's decision in U.S. Securities and Exchange Commission vs. Ripple Labs Inc., stating the decision aligns with her proposed legislation on regulating the cryptocurrency industry.
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A county in east-central Utah is getting more than a $1 million in federal grant funding to develop an aviation-maintenance workforce. The area has been challenged by the declining use of coal in the energy sector.
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The federal government is investing $60 million to support small businesses that are developing technologies designed to increase coastal resilience to climate change. The program partners companies with business accelerators to develop technologies and bring them to market.
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Amid the latest Consumer Price Index (CPI) data releases this week showing a 0.2% increase in June's inflation, with a 3% increase over the past year, wages are slipping and fueling concerns among analysts and Heritage Foundation economist EJ Antoni is urging policymakers to act urgently on government overspending.
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The SEC has brought insider-trading charges against former DWAC board member Bruce Garelick, Michael Shvartsman and his company Rocket One Capital LLC, and Gerald Shvartsman.
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Jake Chervinsky, the chief policy officer of Blockchain Association, a nonprofit that advocates for "pro-innovation" policies for the digital asset industry, called on U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler to remove himself from the SEC's decision-making process for carrying out enforcement actions in the crypto industry, citing Gensler's assertion that all digital assets except bitcoin are securities. Chervinsky's statement comes amidst a wave of SEC enforcement actions against crypto companies, while industry participants and lawmakers are calling for clearer regulatory guidelines for the digital asset industry.
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The SEC has filed charges against former executives of MusclePharm Corp., a nutritional supplement company based in Las Vegas, for allegedly engaging in fraudulent practices to prematurely recognize revenue.
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In an effort to provide a fair shot at economic success for underserved individuals and communities, the Biden-Harris administration has launched the Distressed Area Recompete Pilot Program through the U.S. Department of Commerce's Economic Development Administration.
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This week, U.S. Secretary of Commerce Gina Raimondo issued a statement detailing recent developments in the United States’ and European Union’s joint effort for data privacy.
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The National Oceanic and Atmospheric Administration (NOAA) is offering $60 million to create jobs that address climate change and boost local resilience. The initiative aims to train workers for quality positions while prioritizing historically underserved communities and promoting equity.