The U.S. Departments of Commerce, Labor, and Education today published a milestone report, America’s Talent Strategy: Equipping American Workers for the Golden Age , which presents a bold vision and concrete actions to transform the federal government’s approach to workforce development. The strategy outlines the Trump Administration’s blueprint for how it will prepare the workforce to seize the...

The text of the following statement was released by Secretary of State Marco Rubio, Secretary of Commerce Howard Lutnick, Secretary of Energy Chris Wright, and Secretary of Transportation Sean Duffy. Begin Text: President Trump has made it clear that the United States will not accept any international environmental agreement that unduly or unfairly burdens the United States or harms the interests...

The Senate confirmed Paul Dabbar as the Deputy Secretary of the U.S. Department of Commerce in 56-40 vote. In this role, he will serve as the Department’s Chief Operating Officer (COO), overseeing its day-to-day management, a $11.4 billion annual budget, 12 operating units, and 47,000 employees. He is also a member of the President’s Management Council. Most recently, Mr. Dabbar was President and...

Today, the Department of Commerce announced that Micron Technology, Inc., the leading American semiconductor memory company, plans to invest $200 billion in semiconductor manufacturing and R&D to dramatically expand American memory chip production. This announcement is part of the Trump Administration’s push to restore America’s manufacturing strength, advance America’s role as a technology leader...

Under the direction of President Trump, Secretary of Commerce Howard Lutnick announced his plans to reform the agency formerly known as the U.S. AI Safety Institute into the Center for AI Standards and Innovation (CAISI). AI holds great potential for transformational advances that will enhance U.S. economic and national security. This change will ensure Commerce uses its vast scientific and...

Last week, the U.S. Department of Commerce held the 11th SelectUSA Investment Summit which was the largest Investment Summit in its history with over 5,500 attendees spanning over a record 100+ international markets and over 1,100 economic developers representing 54 U.S. states and territories and catalyzing nearly $1 billion in new investment announcements. “We are seeing a resurgence in foreign...

The Tech Hubs program was established with broad bipartisan support by the 2022 CHIPS and Science Act and has awarded more than $541 million in appropriated funding through grants. To date, the program has designated 31 Tech Hubs in a Phase 1 competition and awarded 12 of those designated Hubs a total of $504 million via Implementation grants in a Phase 2 competition. Being designated as a Tech...

In 2022, Congress created the Tech Hubs Program to strengthen U.S. economic and national security by commercializing the technologies of the future. The investments made through this program can ensure that critical industries, companies, and jobs start, grow, and remain in the United States. While these opportunities are exciting, all federal investment must be strategic, smart, and result in the...