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Press releases

U.S. Commerce Department Announces $200 Billion Milestone in Foreign Direct Investment

Press releases
Commerce’s SelectUSA program promotes foreign direct investment that supports hundreds of thousands of good-paying jobs in critical sectors across the United States Today, the U.S. Department of Commerce announced that it has achieved a new milestone of facilitating more than $200 billion in client-verified foreign direct investment (FDI), supporting more than 200,000 jobs throughout the United...

Biden-Harris Administration Announces CHIPS Preliminary Terms with Microchip Technology to Strengthen Supply Chain Resilience for America’s Automotive, Defense, and Aerospace Industries

Press releases
The Potential Investment Under the CHIPS and Science Act Would Shore Up Domestic Supply of Microcontroller Chips and Create Over 700 New Jobs Today, the Biden-Harris Administration announced that the U.S. Department of Commerce and Microchip Technology Inc. have reached a non-binding preliminary memorandum of terms (PMT) to provide approximately $162 million in federal incentives under the CHIPS...

NTIA Announces Recruitment of New FirstNet Authority Board Members

Press releases
The National Telecommunications and Information Administration (NTIA) issued a Federal Register Notice to seek expressions of interest from individuals who would like to serve on the Board of the First Responder Network Authority (FirstNet Authority Board or Board). The Board works closely with the FirstNet Authority management and is responsible for providing overall policy direction and...

Secretary of Commerce Gina Raimondo Highlights Key 2023 Department Accomplishments

Press releases
Today, U.S. Secretary of Commerce Gina Raimondo issued the following statement highlighting key accomplishments at the Department of Commerce during 2023. “It has been an honor to work alongside the dedicated civil servants at the Department of Commerce in pursuit of our mission to improve America’s competitiveness so that our workers and companies can succeed in the global economy. Thanks to...

Raimondo Statement on Steel and Aluminum Tariff Rate Quota Extension

Press releases
U.S. Secretary of Commerce Gina M. Raimondo released the following statement after President Biden signed two Presidential Proclamations to extend the European Union’s access to U.S. tariff rate quotas (TRQs) for steel and aluminum for two additional years. “President Biden’s economic agenda is rooted in standing up for American families, workers, and businesses. The actions he’s taking today to...

Commerce Department Announces Industrial Base Survey of American Semiconductor Supply Chain

Press releases
Commerce takes action to bolster the U.S. semiconductor supply chain and protect U.S. national security Today, the U.S. Department of Commerce announced it will launch a new survey in January 2024 that will serve as a foundation for continued analysis of the capabilities and challenges of the broader U.S. semiconductor supply chain and national defense industrial base. The intent of the survey is...

Biden-Harris Administration Announces 22 Recompete Pilot Program Finalists

Press releases
As part of President Biden’s Investing in America agenda, Department of Commerce selects communities primed to reduce unemployment and establish long-term economic growth to compete for implementation awards The Biden-Harris Administration, through the U.S. Department of Commerce’s Economic Development Administration (EDA), today will announce the 22 finalists of the Distressed Area Recompete...

Biden-Harris Administration Announces New Agreement Between Seven Federal Agencies to Implement the American Climate Corps 

Press releases
U.S. Department of Commerce signs Memorandum of Understanding to shape President Biden’s American Climate Corps    Administration announces listening sessions in January to hear directly from prospective applicants Today, the Biden-Harris Administration is taking critical steps to advance the American Climate Corps, a landmark initiative announced by President Biden earlier this year to train the...