U.S. Department of Commerce
Recent News About U.S. Department of Commerce
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Biden-Harris Administration supports Latino workforce through education partnerships
Since taking office, the Biden-Harris Administration has reported the creation of nearly 16 million jobs, with unemployment among Latinos reaching a record low. Latino entrepreneurs have been starting new businesses at an unprecedented rate in over 25 years. In celebration of Hispanic Heritage Month, Secretary Raimondo and Deputy Secretary Graves participated in events that highlighted these achievements. They emphasized the administration's dedication to fostering a skilled and diverse workforce for future generations of Latinos.
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U.S.-India dialogue focuses on trade collaboration and economic growth
U.S. Secretary of Commerce Gina Raimondo and Indian Minister of Commerce and Industry Piyush Goyal held the 6th ministerial meeting of the U.S.-India Commercial Dialogue today. The leaders reviewed progress since their last meeting in March 2023 in New Delhi, India.
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Biden-Harris Administration announces $100M investment in AI for sustainable semiconductors
The Biden-Harris Administration announced plans to invest up to $100 million to advance research and development in artificial intelligence (AI) technologies for sustainable semiconductor materials. This initiative, led by the U.S. Department of Commerce, aims to accelerate the development of new semiconductor materials and processes that are environmentally friendly and can be adopted within five years.
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U.S.-India CEO Forum focuses on strengthening bilateral trade ties
The United States recently hosted the second in-person meeting of the U.S.-India CEO Forum, co-chaired by U.S. Secretary of Commerce Gina Raimondo and India's Minister of Commerce and Industry Piyush Goyal. This forum serves as a platform for leaders from both nations' business communities to collaborate on strengthening commercial ties and expanding trade and investment between India and the United States.
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Registration opens for SelectUSA Investment Summit set for May 2025
The U.S. Department of Commerce announced that registration is now open for the 11th SelectUSA Investment Summit, scheduled for May 11-14, 2025, at the Gaylord National Resort & Convention Center in National Harbor, Maryland.
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Secretary Raimondo meets with India's Minister Jaishankar on trade initiatives
U.S. Secretary of Commerce Gina Raimondo met with Minister of External Affairs of India Subrahmanyam Jaishankar on September 30, 2024. The discussion focused on the U.S.-India CEO Forum and U.S.-India Commercial Dialogue, initiatives led by the Department of Commerce and Indian Ministry of Commerce and Industry to enhance trade and investment between the two countries.
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Biden-Harris Administration works towards universal high-speed internet access by 2030
The Biden-Harris Administration is making progress on its Internet for All initiative, which aims to provide affordable and reliable high-speed internet service to everyone in America by 2030. Since President Biden took office, over 2.4 million previously unserved homes and small businesses have been connected to high-speed internet.
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Federal initiatives boost workforce development in upstate New York
On September 26, 2024, U.S. Secretary of Commerce Gina Raimondo, New York Governor Kathy Hochul, and American Federation of Teachers’ (AFT) President Randi Weingarten joined Micron and AFT’s affiliates in Syracuse. Secretary Raimondo highlighted the implementation of AFT’s Advanced Technology Framework to prepare students for new technical careers in the semiconductor industry. This initiative is supported by new funding from the President’s Investing in America agenda to expand deployment and support the Upstate New York Workforce Hub.
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Biden-Harris Administration announces new $250 million investment into semiconductor workforce development
The Biden-Harris Administration has launched the National Semiconductor Technology Center’s (NSTC) Workforce Center of Excellence (WCoE) with a planned $250 million investment over ten years. This initiative aims to address workforce development challenges in the U.S. semiconductor industry, as global demand for advanced semiconductors increases.
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Commerce hosts first-ever national disability leadership summit
On September 17, the Department of Commerce Office of Faith-Based & Neighborhood Partnerships (OFBNP), in collaboration with the American Association of People with Disabilities (AAPD), organized the department’s inaugural National Disability Leadership Summit.
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Commerce official highlights investment initiatives during Hispanic Heritage Month
Deputy Secretary of Commerce Don Graves recently addressed attendees at the Department of Commerce Hispanic Heritage Month Reception. He emphasized the importance of partnerships with Latino leaders in both public and private sectors to ensure that departmental programs promote growth and opportunities for all.
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Biden-Harris Administration announces major semiconductor investment with Polar Semiconductor
The Biden-Harris Administration has announced its first award under the CHIPS Incentives Program’s Funding Opportunity for Commercial Fabrication Facilities. The U.S. Department of Commerce will provide up to $123 million in direct funding to Polar Semiconductor to expand and modernize its manufacturing facility in Bloomington, Minnesota. This investment is part of the administration's broader Investing in America agenda.
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Commerce Deputy Secretary meets with Dutch Economic Affairs Minister
Deputy Secretary of Commerce Don Graves met with Minister of Economic Affairs of the Netherlands Dirk Beljaarts in Washington, D.C. today. The meeting focused on strengthening trade and investment relations between the United States and the Netherlands.
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Commerce Secretary welcomes new Indo-Pacific economic framework agreements set for mid-October
U.S. Secretary of Commerce Gina Raimondo and ministers from 13 Indo-Pacific Economic Framework for Prosperity (IPEF) partners held their third Ministerial meeting this year to discuss IPEF Pillars II, III, and IV. During the virtual meeting, Secretary Raimondo noted the progress made since the last meeting in Singapore in June 2024. She highlighted steps taken by the partners to build resilient supply chains, transition to clean economies, and level the playing field for businesses.
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International Trade Administration launches new initiatives for advancing US competitiveness in digital economy
In today’s dynamic and rapidly evolving economic landscape, the digital economy has become a cornerstone of economic growth, job creation, and innovation in the United States. It is creating international growth opportunities for businesses of all sizes across virtually every industry—from farming to high-end manufacturing. According to the Department of Commerce’s Bureau of Economic Analysis (BEA), in 2023, U.S. exports of digitally-enabled services accounted for 64% of all U.S. services exports, driving the $278 billion trade surplus in services. The digital economy is a...
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Biden-Harris administration awards nearly $5 million to advance semiconductor innovation
Today, the Biden-Harris Administration awarded nearly $5 million to 17 small businesses across nine states under the Small Business Innovation Research (SBIR) Program. The SBIR Phase I awards will fund research projects to explore the technical merit or feasibility of an innovative idea or technology for developing a viable product or service for introduction in the commercial microelectronics marketplace. This is the first award for the CHIPS Research and Development Office.
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Commerce and State Departments announce inaugural meeting for global AI safety network
The U.S. Department of Commerce and the U.S. Department of State have announced that they will co-host the inaugural convening of the International Network of AI Safety Institutes on November 20-21, 2024, in San Francisco, California. This follows Secretary of Commerce Gina Raimondo’s announcement of the launch of the Network during the AI Seoul Summit in May.
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Commerce Secretary emphasizes inclusion at National Disability Leadership Summit
Commerce Secretary Gina Raimondo addressed the National Disability Leadership Summit on September 17, 2024, marking the Commerce Department's inaugural event of this kind. Raimondo acknowledged the collaboration with the American Association of People with Disabilities and the Office of Faith-Based and Neighborhood Partnerships in organizing the summit.
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Deputy Secretary Graves addresses inaugural International Open RAN Symposium
Deputy Secretary of Commerce Don Graves addressed the International Open RAN Symposium in Golden, Colorado, marking a significant event organized by the Department of Commerce. He began by expressing gratitude to NTIA’s Institute for Telecommunication Sciences and its international affairs office for facilitating the symposium.
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Swiss government approves data privacy framework for U.S.-Swiss transfers
U.S. Secretary of Commerce Gina Raimondo issued a statement regarding Switzerland's adequacy decision on the Swiss-U.S. Data Privacy Framework (DPF).