Good afternoon, everyone. I’m excited to welcome you to the Department’s Third Annual Interagency Convening on Equitable Economic Growth. Today, this Equity Convening gathers us all here to engage in critical conversations about equitable economic development. I would like to especially thank Representatives Al Green and Emanuel Cleaver for joining us today, as well as Mayor Ed Gainey of...

Hi, everyone. It’s an honor to join you today. I want to recognize Deputy Secretary Graves for the tremendous work he and his team have done to bring this event together and to develop Commerce’s Business Diversity Principles Initiative. At Commerce, our number one goal is to improve America’s competitiveness so our workers and companies can succeed in the global economy. We’re placing equity at...

Today, Deputy Secretary of Commerce Don Graves participated in the inaugural meeting of the White House Council on Supply Chain Resilience. At the event, he highlighted the vital work of Commerce’s Supply Chain Center along with several other key steps the Department is taking to lower costs for American families, strengthen U.S. economic competitiveness, protect U.S. national security, and create...

In 2021, during Native American Heritage Month, President Biden signed the historic Bipartisan Infrastructure Law (BIL) which provided over $65 billion to bring affordable, high-speed internet to every American. This funding also added an additional $2 billion to the Tribal Broadband Connectivity Program (TBCP) for broadband deployment on Tribal lands, as well as for telehealth, education...

Download the Business Diversity Principles Fact Sheet (PDF) The Department of Commerce is developing the Business Diversity Principles (BDP) Initiative as part of its 2022-2026 Strategic Plan goal of promoting inclusive capitalism and equitable economic growth for all Americans. The BDP Initiative aims to foster a more equitable economic landscape by encouraging businesses to learn from each other...

At the Dubai Air Show this week, Boeing announced several deals including contracts with Egypt, Ethiopia, which was the largest-ever purchase of Boeing airplanes in African history, and Jordan. These deals included the sale of 38 Boeing 737 Max aircraft and 17 Boeing 787 Dreamliner aircraft, with options for more, amounting to approximately $21.2 billion of U.S. export content . After the...

Following President Joseph R. Biden, Jr.’s summit on Wednesday with President Xi Jinping of the People’s Republic of China (PRC) in Woodside, California, U.S. Secretary of Commerce Gina Raimondo met yesterday with Minister of Commerce of the PRC Wang Wentao to discuss the U.S.-China bilateral commercial relationship and to follow up on developments since the Secretary’s trip in August. During the...

Earlier this week, Commerce Secretary Gina Raimondo gave virtual remarks at a National Apprenticeship Week event hosted by Metaverse where she underlined the Biden Administration’s commitment to America’s workforce by creating direct pathways to good-paying jobs. “Thanks to President Biden’s Investing in America agenda, the federal government is investing more than a trillion dollars in...