Today, the Minority Business Development Agency (MBDA) announced that Under Secretary Donald “Don” Cravins will be stepping down from his role as MBDA Under Secretary. Under Secretary Cravins was the first-ever Under Secretary to lead the bureau, which operates within the Department of Commerce. During his tenure, the agency helped minority business enterprises secure more than $8.2 billion in...

Today, Donald R. Cravins, Jr., Under Secretary of Commerce for Minority Business Development, announced the formation of the U.S. Department of Commerce, Minority Business Development Agency’s (MBDA) Minority Business Enterprise Advisory Council. As stated in The Minority Business Development Act of 2021, this council will advise and assist MBDA in their mission to promote the growth of minority...

Last night, Secretary of Commerce Gina Raimondo held a call with Minister of Commerce of the People’s Republic of China (PRC) Wang Wentao. Following up on their last meeting in November 2023 during the APEC Leaders Summit in California, Secretary Raimondo and Minister Wang emphasized the importance of leveraging the working group that the U.S. Department of Commerce and the PRC’s Ministry of...

Today, Secretary of Commerce Gina Raimondo had an introductory call with Minister of Economy, Trade, and Industry of Japan Saito Ken. During their call, Secretary Raimondo expressed her condolences to Japan and the families of the victims of the New Year’s Day Earthquake and reiterated President Biden’s commitment to supporting Japan and the Japanese people to recover from this tragedy. In...

Today, the U.S. Department of Commerce announced its findings that imports of tin mill products from Canada, China, Germany, and the Republic of Korea are being unfairly priced, i.e., dumped, into the U.S. market, and imports of tin mill products from China are also being subsidized. Commerce also finds that imports of tin mill products from the Netherlands, Taiwan, Turkey, and the United Kingdom...

Commerce’s SelectUSA program promotes foreign direct investment that supports hundreds of thousands of good-paying jobs in critical sectors across the United States Today, the U.S. Department of Commerce announced that it has achieved a new milestone of facilitating more than $200 billion in client-verified foreign direct investment (FDI), supporting more than 200,000 jobs throughout the United...

The Potential Investment Under the CHIPS and Science Act Would Shore Up Domestic Supply of Microcontroller Chips and Create Over 700 New Jobs Today, the Biden-Harris Administration announced that the U.S. Department of Commerce and Microchip Technology Inc. have reached a non-binding preliminary memorandum of terms (PMT) to provide approximately $162 million in federal incentives under the CHIPS...

The National Telecommunications and Information Administration (NTIA) issued a Federal Register Notice to seek expressions of interest from individuals who would like to serve on the Board of the First Responder Network Authority (FirstNet Authority Board or Board). The Board works closely with the FirstNet Authority management and is responsible for providing overall policy direction and...