U.S. Department of Commerce
U.S. Government: Agencies/Departments/Divisions | Cabinet-Level Federal Department
Recent News About U.S. Department of Commerce
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At the Supply Chain Summit, the Department of Commerce announced a series of initiatives to enhance supply chain resilience. These actions will be managed by the Industry & Analysis (I&A) business unit within the International Trade Administration.
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Commerce Deputy Secretary Don Graves and Congressman James Clyburn have announced a $13.5 million grant to Lake City, South Carolina, aimed at mitigating recurring flooding issues. The funding, awarded through the Department of Commerce’s Economic Development Administration (EDA), will be supplemented with $1.3 million in local funds.
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Deputy Secretary of Commerce Don Graves addressed the Economists Roundtable in Puerto Rico on September 9, 2024, hosted by the Association of Economists of Puerto Rico. Graves emphasized the importance of advancing economic measurement and building statistical capacity through the newly established Federal Statistical Research Data Center (FSRDC) in Puerto Rico.
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Thank you for that introduction. Hello everyone! I’m so pleased to be back in Puerto Rico to join you all to mark this exciting occasion. I’d like to thank the Platform for Social Impact for hosting us today, and for their important work in bringing prosperity back to Puerto Rico.
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This week, U.S. Secretary of Commerce Gina Raimondo announced the appointment of four new experts to the National Artificial Intelligence Advisory Committee (NAIAC), which advises the President and the White House on a range of issues related to artificial intelligence (AI).
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This Labor Day, the Biden-Harris Administration is honoring American workers and celebrating the strength and diversity of the nation's workforce. The administration emphasizes its commitment to ensuring equitable access to job opportunities for all workers, including women, people of color, veterans, and historically marginalized groups.
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U.S. Secretary of Commerce Gina Raimondo met with First Deputy Prime Minister and Minister of Economy of Ukraine Yulia Svyrydenko on August 30, 2024. During the meeting, Secretary Raimondo reaffirmed the Biden-Harris Administration’s commitment to Ukraine’s sovereignty and the Department of Commerce’s support for Ukraine in its response to Russia’s continued aggression.
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Deputy Secretary of Commerce Don Graves delivered remarks in Lake City, South Carolina, announcing a significant milestone for disaster relief in the state. Graves expressed gratitude to Mayor Robinson and Administrator Hall for their welcome and highlighted the presence of Congressman Clyburn.
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Deputy Secretary of Commerce Don Graves delivered remarks at the South Carolina Sustainability Institute on August 28, 2024. The event was held in Rosemont and brought together local and state leaders, including Mayor Cogswell, Mayor Burgess, and Representative Wetmore.
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Deputy Secretary of Commerce Don Graves addressed the Commercial Spaceflight Federation on August 27, 2024. He expressed gratitude to Isaiah Wonnenberg from the Commercial Spaceflight Federation and Frank Jannuzi from the Mansfield Foundation for organizing the event with ASTEC partners.
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The Biden-Harris Administration announced today that the Department of Commerce and HP Inc. have signed a non-binding preliminary memorandum of terms (PMT) to provide up to $50 million in proposed direct funding under the CHIPS and Science Act. This funding aims to support the expansion and modernization of HP’s existing facility in Corvallis, Oregon, which is part of the company’s “lab-to-fab” ecosystem, spanning from research and development activities to commercial manufacturing operations.
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The Commerce Department recently hosted an event in honor of Women’s Equality Day, celebrated annually on August 26 to commemorate the day women in America were first granted the right to vote. The event featured three women who shared their career journeys, discussed challenges, and offered advice for women pursuing successful careers in the Federal government.
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Today, the United States announced its list of critical sectors and key goods for potential cooperation under the IPEF Supply Chain Agreement to strengthen supply chain resiliency. This marks a significant milestone in implementing the agreement, which aims to establish a framework for deeper collaboration to prevent, mitigate, and prepare for supply chain disruptions.
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The Biden-Harris Administration has announced a preliminary memorandum of terms (PMT) with Texas Instruments (TI) to provide up to $1.6 billion in proposed funding under the CHIPS and Science Act. This initiative aims to enhance domestic supply chain resilience, advance national security, and boost U.S. competitiveness in semiconductor production.
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From August 16-17, the Department of Commerce’s U.S. Patent and Trademark Office (USPTO) will host Invention-Con 2024: Expanding Your Intellectual Property Potential. This free event provides resources and access to independent inventors, entrepreneurs, and small business owners whose success depends on guarding their creative work.
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Two years ago today, President Biden signed the bipartisan CHIPS and Science Act into law, investing nearly $53 billion to bring semiconductor supply chains back to the U.S., create jobs, support American innovation, and protect national security.
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The U.S. Department of Commerce announced today that it will hold a Supply Chain Summit in Washington, D.C., on September 10, 2024, in collaboration with the Council on Foreign Relations.
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On July 24, the Department of Commerce Office of Faith-Based & Neighborhood Partnerships, in collaboration with United Way Worldwide and Public Democracy America, hosted the National Partnerships Summit 2.0. The event featured keynote remarks from Secretary Gina Raimondo, Deputy Secretary Don Graves, Assistant Secretary for the Economic Development Administration (EDA) Alejandra Castillo, and Acting Under Secretary of Commerce for Minority Business Development Eric Morrissette. They emphasized the Biden-Harris Administration's commitment to celebrating and empowering...
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On Monday, U.S. Secretary of Commerce Gina Raimondo convened a roundtable discussion with investors to address non-market actions from the People’s Republic of China (PRC) that threaten to distort the market for mature node, or "legacy," semiconductors. Secretary Raimondo expressed concern over practices by the PRC aimed at overproducing legacy chips and hindering U.S. companies and those in allied countries from competing fairly.
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The Biden-Harris Administration announced that the U.S. Department of Commerce and SK hynix have signed a non-binding preliminary memorandum of terms (PMT) to provide up to $450 million in proposed federal incentives under the CHIPS and Science Act. This agreement aims to establish a high-bandwidth memory (HBM) advanced packaging fabrication and research and development (R&D) facility.