After the successful bipartisan passage of the CHIPS and Science Act of 2022 and bill signing by President Joseph R. Biden, the Commerce Department announced Thursday the launch of the CHIPS.gov website . This new online resource, which includes implementation priorities established in an Executive Order signed by the President , will inform the implementation of the program. “The Commerce...

U.S. Secretary of Commerce Gina Raimondo and U.S. Trade Representative Katherine Tai today announced that they will co-host an Indo-Pacific Economic Framework for Prosperity (IPEF) Ministerial in Los Angeles, California on September 8-9, 2022. The first in-person Ministerial builds on the constructive virtual meetings with 13 Indo-Pacific partners held this year before and after President Biden...

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...

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...

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...

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...

Today, U.S. Secretary of Commerce Gina Raimondo announced the appointment of 19 new U.S. CEO members of the U.S.-India CEO Forum (Forum), which she chairs with Indian Minister of Commerce and Industry Piyush Goyal. Secretary Raimondo has also appointed James Taiclet, chairman, president, and CEO of Lockheed Martin, to serve as the U.S. private sector co-chair. Taiclet will organize and lead the...

Today, U.S. Secretary of Commerce Gina Raimondo released the following statement following the Senate’s bipartisan passage of legislation to revitalize domestic semiconductor manufacturing and invest in American scientific leadership. “Today’s Senate vote was a significant step toward securing America’s scientific leadership and revitalizing America’s ability to make the chips that keep our cars...