U.S. Department of Commerce
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Recent News About U.S. Department of Commerce
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Secretary of Commerce Gina Raimondo held a meeting with His Excellency Mohamed bin Hassan Alsuwaidi, the Minister of Investment of the United Arab Emirates, yesterday. The focus of their discussion was on shared investment priorities and potential avenues to expand commercial and investment ties between the United States and the United Arab Emirates.
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National Hurricane Preparedness Week
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The Biden-Harris Administration has announced a significant funding opportunity for the establishment of a CHIPS Manufacturing USA institute focused on digital twins for the semiconductor industry. The initiative, with an anticipated funding of up to $285 million, aims to advance research and development in semiconductor manufacturing processes by leveraging digital twin technology.Secretary of Commerce Gina Raimondo highlighted the importance of investing in America's understanding and utilization of digital twin technology, stating, "Digital twin technology can help to...
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NOAA broke ground on a new Marine Operations Center facility in Newport, Rhode Island, with funding from President Biden's Investing in America Agenda. The groundbreaking ceremony took place at Naval Station Newport, where the future home of the NOAA Marine Operations Center-Atlantic will be located.U.S. Secretary of Commerce Gina Raimondo expressed gratitude for the transformative investments being made, stating, "President Biden’s Investing in America Agenda made it possible for NOAA to construct this new facility and make advances in critical climate and ocean...
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The U.S. Department of Commerce has launched the CHIPS Women in Construction Framework, a set of best practices aimed at increasing the participation of women and economically disadvantaged individuals in the construction workforce. As part of this initiative, Intel Corporation and Micron Technology have made voluntary commitments to the Framework.U.S. Secretary of Commerce Gina Raimondo emphasized the importance of increasing the number of women in construction, stating, "If we are going to meet the national and economic security imperatives of the CHIPS Program, we are...
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May 1, 2024Today, U.S. Secretary of Commerce Gina Raimondo emphasized the significance of international trade in fostering economic growth and resilience, as the Biden-Harris Administration marked the commencement of World Trade Month.“International trade is essential to our nation’s economic growth and helps Americans build more resilient businesses and communities,” said Secretary Raimondo.During the month-long celebration of World Trade Month, the Commerce Department is set to underscore and reinforce the administration's dedication to enhancing economic...
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The Department of Commerce announced that in Fiscal Year 2023, more than half of its federal contract dollars were awarded to small businesses, totaling $2.8 billion. Additionally, over 25% of contract dollars were directed to Small Disadvantaged Businesses, amounting to $1.4 billion. This achievement led to the Department of Commerce receiving an “A+” rating from the Small Business Administration for its small business contracting efforts, marking the 8th consecutive year of such recognition."Small businesses power America’s economy and are a crucial driver of employment...
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The Department of State’s Bureau of Energy Resources (ENR) and the Department of Commerce’s Commercial Law Development Program (CLDP) have jointly announced the launch of the Carbon Capture, Utilization, and Storage: Handbook for Policymakers. This handbook aims to empower policymakers to deploy carbon capture, utilization, and storage capabilities effectively.Geoffrey R. Pyatt, Assistant Secretary of ENR, highlighted the importance of the handbook, stating, "This Handbook is a guide to empower legislators, ministries, regulators, and state-owned companies to adopt and...
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WASHINGTON, DC – Today, Deputy Secretary of Commerce Don Graves met with Liechtenstein Deputy Prime Minister Sabine Monauni to discuss various aspects of bilateral relations between the two countries."During the meeting, the Deputy Secretary and Deputy Prime Minister talked about the U.S.-Liechtenstein commercial relationship and opportunities to deepen trade and investment ties."In addition to this, "the two also discussed a recently established memorandum of understanding that will deepen bilateral cooperation between our countries to promote professional...
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Secretary of Commerce Gina Raimondo expressed her support for Singapore's transition to its fourth generation of political leadership during a meeting with Singaporean Minister of Trade and Industry Gan Kim Yong. The two officials affirmed their commitment to advancing bilateral cooperation under the U.S.-Singapore Partnership for Growth and Innovation (PGI).The discussion between Secretary Raimondo and Minister Gan also focused on the potential for collaboration to enhance semiconductor supply chain resilience and support Micro, Small, and Medium-sized Enterprises in...
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The U.S. Department of Commerce has unveiled a series of new initiatives in response to President Biden's Executive Order on AI, marking significant progress in AI development and regulation. Secretary of Commerce Gina Raimondo emphasized the department's commitment to transparency and stakeholder feedback in this endeavor.Under the leadership of U.S. Secretary of Commerce Gina Raimondo, the National Institute of Standards and Technology (NIST) has introduced four draft publications aimed at enhancing the safety, security, and trustworthiness of AI systems. Laurie E....
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The U.S. Department of Commerce’s Bureau of Industry and Security (BIS) took a significant step today by releasing an interim final rule (IFR) that amends the Department’s licensing policy for exports of firearms, ammunition, and related components under its jurisdiction. The changes announced are aimed at reducing the risk of legally exported firearms and related items being diverted or misused to fuel various illicit activities that threaten U.S. national security and foreign policy interests.U.S. Commerce Secretary Gina Raimondo emphasized the importance of these...
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U.S. Secretary of Commerce Gina Raimondo led members of the President’s Advisory Council on Doing Business in Africa (PAC-DBIA) to Nairobi, where she emphasized the impact of the Commerce-wide Africa strategy. During an event at the AmCham East Africa Business Summit, Secretary Raimondo announced U.S. private sector commitments and public-private partnerships aimed at strengthening bilateral commercial ties."I chose Kenya for my first official trip to Africa because of the strength of our relationship and because there is so much more our two nations can do together,"...
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Today, U.S. Secretary of Commerce Gina Raimondo met with Kenyan President William Ruto to underscore the Biden-Harris Administration’s commitment to partnering with Kenya to deepen bilateral trade and investment ties.During the meeting, Secretary Raimondo praised President Ruto's efforts to enhance Kenya's business environment and attract more U.S. investment, stating, "The Secretary acknowledged the significant efforts that President Ruto’s Administration has made to improve Kenya’s business environment and attract increased U.S. investment in the country."...
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The Biden-Harris Administration, in partnership with Micron Technology, has unveiled a groundbreaking initiative to bolster U.S. competitiveness in leading-edge memory semiconductor production. The U.S. Department of Commerce has proposed up to roughly $6.14 billion in direct funding for Micron to expand domestic DRAM chip production in Idaho and New York, creating approximately 20,000 jobs and catalyzing up to $125 billion in private capital over the next two decades."Leading-edge memory chips are foundational to all advanced technologies, and thanks to President Biden’s...
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NAIROBI, Kenya – Today, U.S. Secretary of Commerce Gina Raimondo engaged in discussions with Kenya’s Cabinet Secretary for Investment, Trade, and Industry, Rebecca Miano. The meeting focused on exploring opportunities to enhance bilateral commercial ties across various sectors. The discussions encompassed the digital economy, infrastructure, agriculture, clean energy, critical minerals, and artificial intelligence.During the meeting, Secretary Raimondo commended Kenya's progress in digital transformation, stating, "Kenya as a leader on the continent on digital...
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NAIROBI, Kenya – Today, U.S. Secretary of Commerce Gina Raimondo engaged in a roundtable discussion with prominent women technology leaders in Kenya. The meeting centered on the Biden-Harris Administration’s Digital Transformation with Africa initiative.During the discussion, participants highlighted both the successes and challenges faced by women entrepreneurs and technology leaders in Kenya's digital sector. Secretary Raimondo emphasized the potential opportunities that the Digital Transformation with Africa programming could bring to the region. She also underlined...
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Secretary Raimondo and Deputy Secretary Graves have honored Denim Day as part of the ongoing efforts to raise awareness about sexual assault and harassment. The event took place in April, which is recognized as Sexual Assault Awareness and Prevention Month.Denim Day is a global initiative that aims to educate and inform people about sexual violence, challenging misconceptions and victim-blaming attitudes. Participants are encouraged to wear denim as a symbol of solidarity with survivors and a rejection of sexual violence.In a statement, Secretary Raimondo and Deputy...
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The upcoming 5x5: The Public Safety Innovation Summit in Chicago from June 25-27 will see the collaboration of two key U.S. Department of Commerce agencies to advance public safety communications technology.The First Responder Network Authority (FirstNet Authority) and the National Institute of Standards and Technology Public Safety Communications Research Division (NIST PSCR) have been working together for over a decade on various projects aimed at enhancing public safety innovation and technology development.The summit aims to bring together leaders in public safety,...
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U.S. Secretary of Commerce Gina M. Raimondo and Kenyan Cabinet Secretary of Information, Communication and the Digital Economy Eliud Owalo have come together to announce a partnership aimed at harnessing AI, facilitating data flows, and empowering digital upskilling. The joint statement released by the United States Department of Commerce and the Kenyan Ministry of Information, Communication, and the Digital Economy highlighted their shared commitment to strengthening the digital economy and promoting innovation between the two nations.During the AmCham Business Summit:...