She and the president intend for the U.S. to produce 20 percent of the world’s leading-edge microchips by 2030. Secretary of Commerce Gina Raimondo recently spoke at the…
Read MoreSecretary of Commerce Raimondo
Commerce Secretary Proposes Cyber Regulations for Chinese Car Systems
Digital vehicle technology has the potential for data capture and espionage. The Department of Commerce announced the public comment period for opinions and information about digital car systems…
Read More
White House Announces $5 Billion for Semiconductor Research
The administration establishes a center for research and a public-private development consortium. President Biden’s administration has announced a $5 billion investment into domestic semiconductor research and development (R&D),…
Read More
Commerce Department Creates U.S. AI Safety Institute Consortium
Secretary Raimondo says the government has a role in setting AI standards and development. Secretary of Commerce Gina Raimondo announced the formation of the U.S. AI Safety Institute…
Read More
Federal Legislators Request Extended Pause on Weapons Exports
Two senators and two representatives send a letter to the Commerce secretary. Senators Elizabeth Warren of Massachusetts and Dick Durbin of Illinois were joined by Representatives Joaquin Castro…
Read More
Commerce Secretary Announces 2024 Events for Exporters
The Commerce Department plans trade missions and national summits. Secretary of Commerce Gina Raimondo announced the 2024 calendar for exporter events, opening trade missions and small business summits…
Read MoreSelectUSA Fostered $200 Billion in Foreign Investments
Commerce Department reports a milestone in the program’s 11 years. The Department of Commerce announced that their program SelectUSA reached $200 billion in certified foreign direct investments into…
Read More
Commerce Department Launching Semiconductor Supply Chain Survey
The department will assess the current state of domestic production to develop support methods. The Department of Commerce announced that it is launching a new survey this month…
Read More
Commerce Department Reports Outdoor Recreation Revenue
Record highs within the sector show a bounce-back after the COVID-19 pandemic. The outdoor recreation industry generated $1 trillion in gross domestic product (GDP) for America’s economy in…
Read More
Documents on Gun Export Suspensions Requested by House Committee
The oversight chair has asked the commerce secretary for information surrounding the decision to pause export licenses. Representative James Comer of Kentucky, chair of the House Oversight Committee,…
Read More