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...

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...

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...

The Toolkit identifies tactics for small and medium-sized businesses to improve job quality and partner with workers to retain a high-performing workforce The U.S. Department of Commerce launched the Job Quality Toolkit , which provides strategies and actions to help small-and-medium-sized organizations recruit and retain a high-performing workforce. The Toolkit also includes eight case studies of...

Today, U.S. Secretary of Commerce Gina Raimondo announced grant awards to 32 industry-led workforce training partnerships across the country as part of the $500 million Good Jobs Challenge funded by President Biden’s American Rescue Plan. The Good Jobs Challenge is administered by the Commerce Department’s Economic Development Administration and will enable communities across the country to invest...

Today, Secretary of Commerce Gina Raimondo and Minister of Economy, Trade and Industry of Japan Koichi Hagiuda met following the inaugural Economic Policy Consultative Committee (EPCC, or Economic “2+2”) to discuss next steps to make progress on shared goals established through the 2+2 and other bilateral initiatives such as the Japan-U.S. Commercial and Industrial Partnership . The Secretary also...

The text of the following statement was released by the Governments of the United States of America and Japan on the occasion of the inaugural ministerial meeting of the U.S.-Japan Economic Policy Consultative Committee. Begin Text United States Secretary of State Antony Blinken and Secretary of Commerce Gina Raimondo co-hosted Japan’s Minister for Foreign Affairs HAYASHI Yoshimasa and Minister of...

Today, Secretary of Commerce Gina Raimondo released the following statement following the House’s bipartisan passage of legislation to revitalize domestic semiconductor manufacturing and invest in American scientific leadership. “Today, members of Congress from both parties voted to support America’s economy, America’s workers, and America’s global competitiveness by committing the resources...