U.S. Department of Commerce
U.S. Government: Agencies/Departments/Divisions | Cabinet-Level Federal Department
Recent News About U.S. Department of Commerce
-  A bipartisan group of Senators has reignited the controversy over credit card swipe fees by reintroducing the Credit Card Competition Act (S. 1838). 
-  Bittrex, a platform for trading crypto assets, along with its former CEO, has chosen to settle the charges levied by the U.S. Securities and Exchange Commission for operating an unregistered exchange, broker and clearing agency. 
-  The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.2% in July, mirroring June's increase, with the shelter index accounting for more than 90% of the monthly rise, the U.S. Bureau of Labor Statistics reported. 
-  Seven individuals who acted as whistleblowers have been granted more than $104 million by the U.S. Securities and Exchange Commission. 
-  House Majority Whip Rep. Tom Emmer, R-Minn., said federal regulations are causing significant harm among American manufacturers. 
-  In order to stop a fraudulent crypto asset scheme involving 18 defendants, the U.S. Securities and Exchange Commission successfully obtained emergency relief against a company based in Utah. 
-  The U.S. Securities and Exchange Commission recently announced charges against 11 Wall Street firms for reported extensive recordkeeping shortcomings. 
-  NOAA-supported scientists reported that the Gulf of Mexico's 2023 "dead zone” spans about 3,058 square miles, which is smaller than average, according to a press release. 
-  On Aug. 1, the Department of Commerce announced a large investment to enhance marine sanctuaries across the U.S., according to a press release. 
-  Charles Edel, Center for Strategic and International Studies Australia chair, hosted a live book launch Aug. 1 featuring Bethany Allen-Ebrahimian, author of the book, "Beijing Rules: How China Weaponized its Economy to Confront the World." 
-  CooperCompanies, a global powerhouse in medical device manufacturing, has terminated its planned $875 million acquisition of Cook Medical's reproductive health business following a full-phase investigation by the Federal Trade Commission (FTC). 
-  The U.S. Departments of Commerce and Defense signed a Memorandum of Agreement to closely collaborate to strengthen the U.S. semiconductor defense industrial base. 
-  The Federal Trade Commission reached a proposed settlement with Surescripts in an illegal monopolization case that aims to address anticompetitive actions resulting in increased prices, hindered innovation and limited customer choices in the e-prescription market. 
-  The U.S. Department of Commerce is sending more than $1 million to southern Texas to bolster business and job growth in the region. 
-  U.S. Sens. Lindsey Graham. R-S.C., and Elizabeth Warren, D-Mass., recently introduced the Warren-Graham Digital Consumer Protection Commission (DCPC) Act, a landmark bill aimed at regulating major tech platforms and data processors to protect consumers and uphold democratic values in the digital age. 
-  The University of Tennessee, Knoxville, is getting nearly $750,000 in federal grant funding to strengthen the state's manufacturing sector. 
-  Alfredo Ortiz is the President and CEO of the Job Creators Network. He is the author of “Minority Ownership.” 
-  Public companies in the U.S. now must disclose any cybersecurity incidents they have, as well as their cybersecurity risk management plans, under new rules recently adopted by the U.S. Securities and Exchange Commission (SEC). 
-  On July 20, the U.S. Securities and Exchange Commission announced charges against Digital World Acquisition Corporation (DWAC), a special purpose acquisition company (SPAC), for material misrepresentation to investors. 
-  The U.S. Securities and Exchange Commission recently appointed Natasha Vij Greiner and Keith E. Cassidy as interim acting co-directors of the Division of Examinations, effective immediately. 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
