Department unveils first-of-its kind diagnostic supply chain risk assessment tool as Secretary Raimondo and Deputy Secretary Graves highlight how the Commerce Department is working to make America’s supply chains more resilient. Today, the U.S. Department of Commerce, in collaboration with the Council on Foreign Relations (CFR), hosted the inaugural Supply Chain Summit. Bringing together leaders...

This week, U.S. Secretary of Commerce Gina Raimondo announced the appointment of 4 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). The committee, launched in 2022, provides recommendations on topics including the current state of U.S. AI competitiveness...

Today, U.S. Secretary of Commerce Gina Raimondo met with First Deputy Prime Minister and Minister of Economy of Ukraine Yulia Svyrydenko. During the meeting, Secretary Raimondo re-affirmed the Biden-Harris Administration’s commitment to Ukraine’s sovereignty and the Department of Commerce’s commitment to supporting Ukraine in its response to Russia’s continued aggression. They discussed Under...

U.S. Department of Commerce Outlines $1.6 Billion in Proposed Funding to Support Multiple Projects in Texas and Utah to Increase Production of Chips Vital for U.S. Economic and National Security Today, the Biden-Harris Administration announced that the U.S. Department of Commerce and Texas Instruments (TI) have signed a non-binding preliminary memorandum of terms (PMT) to provide up to $1.6...

Today, the U.S. Department of Commerce announced it will hold, with the Council on Foreign Relations, a Supply Chain Summit in Washington, D.C. on September 10, 2024. The Supply Chain Summit will explore efforts taken by government and industry to shift from reacting to global supply chain disruptions to proactively strengthening supply chain resilience. The Summit will gather leaders from...

A collaborative agreement for use of NOAA satellites will help the Interior and Agriculture Departments detect wildfires early, track wildfires in real time, and provide data for public safety and air quality modeling The Biden-Harris Administration today announced it is taking additional steps to safeguard western communities in the face of increasingly dangerous and intense wildland fires by...

Today, U.S. Secretary of Commerce Gina Raimondo and EU Commissioner for Justice and Consumers Didier Reynders made the following statement regarding the first periodic review of the EU-U.S. Data Privacy Framework: Representatives from the United States Government, the European Commission, and EU data protection authorities are meeting in Washington D.C. on July 18 and 19 to conduct the first...

Since it was founded in 1969 by President Nixon, the Minority Business Development Agency (MBDA) has been committed to its mission of promoting the growth of minority business enterprises through the mobilization and advancement of public and private sector programs, policy, and research. This mission is grounded in the knowledge that achieving the full potential of the U.S. economy requires that...