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Press releases

Commerce Secretary Raimondo and Defense Secretary Austin Stress National Security Imperative to Pass Domestic Semiconductor Manufacturing Bill in Letter to Congress

Press releases
Today, U.S. Secretary of Commerce Gina M. Raimondo and U.S. Secretary of Defense Lloyd J. Austin III released the following letter to congressional leadership on the national security imperative to pass the Bipartisan Innovation Act before the end of the month. A copy of the letter can be read below or viewed here . Dear Speaker Pelosi, Majority Leader Schumer, Minority Leader McCarthy, and...

Statement from U.S. Secretary of Commerce Gina Raimondo on New Rule Protecting Americans’ Pensions

Press releases
Today, U.S. Secretary of Secretary Gina M. Raimondo released the following statement applauding the Pension Benefit Guaranty Corporation’s (PBCG) announcement of a final rule to better protect the pensions of millions of Americans. "Building a better America means investing in our infrastructure, our industry, and most importantly, our people. President Biden’s American Rescue Plan is making a...

Secretary Raimondo Meets with Advisory Committee on Supply Chain Competitiveness

Press releases
Today, Secretary of Commerce Gina M. Raimondo met with the Advisory Committee on Supply Chain Competitiveness (ACSCC) to receive updates, hear recommendations, and gather additional feedback on supply chain-related issues. During the meeting, Secretary Raimondo underscored the importance of the ACSCC’s recommendations to help inform Administration supply chain-related policies and initiatives...

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...

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...

Joint Announcement: U.S. Department of Commerce and Singapore Ministry of Communications and Information Launch Partnership Program to Empower Women in Tech

Press releases
Today, U.S. Secretary of Commerce Gina M. Raimondo and Singapore’s Minister for Communications and Information Josephine Teo announced the launch of the U.S.-Singapore Women in Tech Partnership Program, a platform for budding and experienced women tech leaders from Singapore and the United States to establish new international contacts and networks. The program will debut as part of the 2022...

GlobalWafers Selects Sherman, Texas for New Semiconductor Silicon Wafer Site

Press releases
At full build-out, the multi-staged, 3.2 million-square-foot silicon wafer factory will be the largest facility of its kind in the USA and among the largest in the world along with secured abundance of land to support any required further growth. Hsinchu, Taiwan-based global semiconductor silicon wafer company, GlobalWafers, announced today that it plans to build a state-of-the-art 300-millimeter...

Secretary Raimondo Statement on Supreme Court Decision to Overturn Roe v. Wade

Press releases
Today, Commerce Secretary Gina M. Raimondo issued the following statement following the United States Supreme Court’s decision to overturn Roe v. Wade and Planned Parenthood v. Casey in its Dobbs v. Jackson decision: "Choosing when and whether to have children are among the most important decisions in every woman’s life and those decisions should be made between a woman and her doctor. The...