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ICYMI: Three Companies Warn About Delayed Chip Funding As GlobalWafers Announcement Hinges On Bipartisan Innovation Act Passage

Press releases
This week, TSMC, Intel and Global Foundries all issued public warnings that continuing to delay chipmaking incentives could cause them to scale back their plans to make semiconductors in the U.S. Their announcements come days after GlobalWafers announced a CHIPS Act-dependent multi-billion investment that will fill a hole in the U.S. chip manufacturing supply chain. Congress continues to make...

Closing Remarks by U.S. Secretary of Commerce Gina Raimondo at the 2022 SelectUSA Investment Summit

Speeches
Thank you for the introduction, Jasjit, and for your incredible work to make this year’s summit a success. And thank you all for attending the 2022 SelectUSA Investment Summit. With more than 3,600 participants, 100 sessions, and 300 speakers, this has been our largest summit ever. And I’m so glad we were able to be back in person. We had 51 U.S. states and territories represented. We had more...

Biden Administration Announces Historic Coastal and Climate Resilience Funding

Press releases
Bipartisan Infrastructure Law allocates nearly $3 billion of funding over 5 years to NOAA Today, U.S. Commerce Secretary Gina M. Raimondo announced funding opportunities from NOAA's $2.96 billion in Bipartisan Infrastructure Law funds to address the climate crisis and strengthen coastal resilience and infrastructure. Over the next five years, NOAA’s targeted investments in the areas of habitat...

Pride Will Not End. America’s Diversity is Our Greatest Asset

Blog
By U.S. Commerce Secretary Gina M. Raimondo I believe strongly in protecting the rights of the LGBTQIA+ community and this month has been an opportunity to reflect on the strength, progress, and resiliency of the LGBTQIA+ community. But there is still much work to do. While Pride Month is coming to an end, I encourage everyone to continue to be resilient, embrace diversity, and celebrate everyone...

Remarks by U.S. Secretary of Commerce Gina Raimondo at the Bureau of Industry and Security (BIS) Update Conference

Speeches
Thank you, Under Secretary Estevez, for that introduction, and for your leadership of the Bureau of Industry and Security. I’d also like to thank the Office of Exporter Services for putting on this conference, and the entire BIS team for the hard work they do. Welcome to the 35th Annual Update Conference on Export Controls and Policy. It’s wonderful to be back in person. Much has changed since our...

Welcome Remarks by Deputy Secretary of Commerce Don Graves at Day Two of the SelectUSA Investment Summit

Speeches
Good morning and welcome to day two of the 2022 SelectUSA Investment Summit. I’m Deputy Secretary of Commerce Don Graves. It was a pleasure to meet so many of you yesterday. This is my first ever in-person SelectUSA Investment Summit. After a challenging couple of years navigating a global pandemic, it’s exciting to be together, making connections and sharing stories of success in the U.S. through...

Op-ed: How Biden’s Competition Agenda Will Lower Prices, Raise Wages, and Help Small Businesses

Op-eds
Gina Raimondo is the 40th U.S. Secretary of Commerce. Cecilia Rouse serves as the 30th Chair of the Council of Economic Advisers. Brian Deese serves as the Director of the National Economic Council. Congress recently answered President Biden’s call for reform in the State of the Union by passing bipartisan legislation to crack down on excessive fees and other unfair practices in the ocean shipping...

Remarks by U.S. Secretary of Commerce Gina Raimondo at the U.S.-Singapore Women in Tech Partnership Program

Speeches
I’m excited to reunite with my friend, Minister Josephine Teo.  We are both firm believers in supporting female entrepreneurs operating in tech. Last June, at the 2021 SelectUSA conference, I launched the Select Global Women in Tech Mentorship Network. More than 70 female founders from 30 different markets participated in the inaugural event. The Select Global Women in Tech Mentorship Network...