On Friday, May 21, U.S. Commerce Secretary Gina M. Raimondo hosted a roundtable with Republic of Korea President Moon Jae-In, Minister of Trade, Industry, and Energy Sung Wook Moon and U.S. and South Korean CEOs to demonstrate the importance of the economic relationship between the United States and South Korea, and in particular, significant cross-border investments in sectors critical to the...

Good morning everyone. Thank you for joining our CEO Roundtable at the Department of Commerce. I’d like to extend a warm welcome to our distinguished guests from Korea – President Moon, Minister Moon, and the entire Korean Government delegation, it’s an honor to have you with us. I’d also like to thank the CEOs who have joined us here today – in person and virtually. I’m grateful for your...

After her listening sessions today with CEOs and senior executives from companies that represent the full scope of the semiconductor supply chain and customer base, U.S. Secretary of Commerce Gina M. Raimondo released the following statement: “Semiconductors play a unique role in our economic and national security, and when semiconductor supply chains are disrupted, the impact is felt across the...

NOAA’s Climate Prediction Center is predicting another above-normal Atlantic hurricane season. Forecasters predict a 60% chance of an above-normal season, a 30% chance of a near-normal season, and a 10% chance of a below-normal season. However, experts do not anticipate the historic level of storm activity seen in 2020. For 2021, a likely range of 13 to 20 named storms (winds of 39 mph or higher)...

Cabinet members, CEOs, and global investors gather to drive business interest to America U.S. Secretary of Commerce Gina Raimondo will host the 2021 SelectUSA Investment Summit, June 7-11, to be held virtually for the first time. She will be joined by several Cabinet members, Governors, top CEOs and small business leaders seeking to attract global companies to invest in the U.S. economy and...

The recent ransomware attack on Colonial Pipeline was an all too familiar story to businesses across the United States. The pipeline, which supplies fuel to some 50 million people from the Gulf Coast up through the entire East Coast, was closed last Friday as a precautionary measure after a ransomware attack. The company and the U.S. government continue to investigate the extent of the impact...

Yesterday, U.S. Secretary of Commerce Gina M. Raimondo participated in a virtual listening session with Navajo Nation President Jonathan Nez and other Navajo officials on the barriers to reaching one hundred percent broadband access across the Navajo Nation. The conversation was moderated by U.S. Senator Ben Ray Luján, and Raimondo was joined by New Mexico Governor Michelle Lujan Grisham and Rep...

U.S. Secretary of Commerce Gina M. Raimondo joined U.S. Secretary of Labor Marty Walsh on Monday in Connecticut to meet with business and labor leaders and elected officials on the importance of strengthening America’s workforce development infrastructure through investments in the American Jobs Plan. Raimondo and Walsh started the day with a tour of General Dynamics-Electric Boat in Groton...