On September 2, 2026, the G20 member ministers concluded a two-day Innovation Ministerial in Chapel Hill, North Carolina. The Department of Commerce and the White House Office of Science and Technology Policy hosted the event. At the conclusion of the Ministerial, G20 Ministers released a consensus statement recognizing that “emerging technologies have the potential to unlock prosperity, enhance

The Innovation Ministerial Statement articulates shared principles across six pillars: pro-innovation policy frameworks; technology for opportunity and prosperity; skilled technical workforce development; intellectual property policies for artificial intelligence; AI for standards and standards for AI; and industrial innovation and investment in supply chains. Ministers also reached consensus on...

Today, G20 member ministers concluded a two-day Innovation Ministerial in Chapel Hill, North Carolina. The Ministerial was hosted by the Department of Commerce and the White House Office of Science and Technology Policy (OSTP). At the conclusion of the Ministerial, G20 Ministers released a consensus statement recognizing that “emerging technologies have the potential to unlock prosperity, enhance...

As a result of the historic deal related to U.S. and Taiwan Trade and Investment announced in January 2026, TSMC has just announced an incremental $100 billion investment for a total of $265 billion in the U.S. This investment will result in four additional advanced semiconductor manufacturing facilities, bringing the total to 12 leading-edge semiconductor and packaging facilities. Today, the...

The U.S. Department of Commerce has named Andrew Silberstein as the next Executive Director of the U.S. Investment Accelerator. Mr. Silberstein brings nearly three decades of experience across real estate, private equity, and investment banking to the role. Mr. Silberstein most recently served as Head of Private Markets for the real estate investment arm of Neuberger. Over the course of his career...

Washington, D.C. – The Department of Commerce announced the transmittal of a letter from Secretary of Commerce Howard Lutnick to Kevin Hassett, director of the White House National Economic Council, directing the National Oceanic and Atmospheric Administration (NOAA) to conduct a full, formal review of California’s coastal management program under the Coastal Zone Management Act (CZMA). This...

This week, the U.S. Department of Commerce hosted the 2026 Select USA Investment Summit, the largest in its history. Held May 3-6 in National Habor, Maryland, the Investment Summit welcomed over 5,500 attendees from a record 100+ international markets and included over 1,100 economic developers representing all 55 U.S. states and territories. This year’s Investment Summit catalyzed more than $56...

Today, the Department of Commerce announced that U.S. Secretary of Commerce Howard Lutnick will provide opening keynote remarks at the 2026 SelectUSA Investment Summit, scheduled for May 3-6 at the Gaylord National Resort and Convention Center in National Harbor, Maryland. The Department of Commerce also announced global business leaders who will participate as main stage speakers, including on...