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Press releases

U.S. Secretary of Commerce Gina Raimondo Appoints Members of U.S. Investment Advisory Council (IAC)

Press releases
Council Advises the Secretary on Issues Affecting Foreign Business Investment and Economic Development Today, U.S. Secretary of Commerce Gina Raimondo announced the names of 34 international business and economic leaders who will advise the Secretary of Commerce on how government policies and programs affect the United States’ ability to attract and facilitate foreign business investment. "For the...

Boston Mayor Wu Announces City Awarded $23 Million EDA Good Jobs Challenge Grant

Press releases
ARPA funds will provide more than 4,600 projected job placements in Healthcare, Clean Energy, and Child Care and support services to Black, Indigenous, and People of Color residents in the Greater Boston area over the next three years. Mayor Michelle Wu today announced that the City of Boston has been awarded a $23 million American Rescue Plan Good Jobs Challenge grant by the U.S. Department of...

U.S. Secretary of Commerce Gina Raimondo Statement on Signing of Inflation Reduction Act

Press releases
Today, U.S. Secretary of Commerce Gina M. Raimondo released the following statement following President Biden signing the Inflation Reduction Act into law: "President Biden is securing historic victories for American families, American workers and our economy. The Inflation Reduction Act will lower cost for families, including health care and prescription drug costs, reduce the deficit, combat the...

Readout of Deputy Secretary Don Graves' Meeting with Puerto Rico Governor Pedro R. Pierluisi

Press releases
Today, Deputy Secretary of Commerce Don Graves met with Puerto Rico Governor Pedro R. Pierluisi to announce the intent of the federal government, in partnership with the government of Puerto Rico, to hold an Economic Dialogue in Washington, D.C. this fall. As part of the Administration’s ongoing commitment to Puerto Rico’s economic prosperity, we are also announcing that Deputy Secretary Don...

Readout of Secretary Raimondo’s Meeting with Australian Minister for Trade and Tourism Don Farrell

Press releases
Today, Secretary of Commerce Gina Raimondo held a first in-person meeting with Australian Minister for Trade and Tourism Don Farrell to congratulate him on his appointment as Minister earlier this summer. The two discussed shared priorities for the Indo-Pacific Economic Framework for Prosperity (IPEF), as well as achievements and next steps under the U.S.-Australia Strategic Commercial Dialogue...

Statement from U.S. Secretary of Commerce Gina Raimondo on Signing of CHIPS and Science Act

Press releases
U.S. Secretary of Commerce Gina M. Raimondo released the following statement following President Biden’s signing of the CHIPS and Science Act of 2022. “Today, President Biden signed into law a historic investment that will help revitalize the U.S. domestic manufacturing economy, spur research and development in critical industries, and enable us to continue outcompeting and out-innovating the rest...

U.S. Secretary of Commerce Gina Raimondo Applauds Senate Passage of Inflation Reduction Act

Press releases
Following the Senate’s passage of the Inflation Reduction Act. U.S. Secretary of Commerce Gina M. Raimondo released the following statement: “The Inflation Reduction Act is a historic piece of legislation that realizes President Biden’s vision to bring down healthcare and prescription drug costs for families, reduce our deficit, and make our tax code fairer. It also marks the largest federal...

U.S. Department of Commerce Announces Don Cravins Jr. as First-Ever Under Secretary of Commerce for Minority Business Development

Press releases
Cravins will lead the Minority Business Development Agency in its mission to support minority business enterprises across the country Today, U.S. Secretary of Commerce Gina Raimondo announced that Donald R. Cravins, Jr. will be the first-ever Under Secretary of Commerce for Minority Business Development for the U.S. Department of Commerce’s Minority Business Development Agency (MBDA). Under...