The mission of the U.S. Department of Commerce is to create the conditions for inclusive economic growth and opportunity for all Americans. Last week, in conjunction with Black History Month, Commerce Secretary Gina Raimondo and Deputy Secretary Don Graves participated in several events that echo this mission and showcase the Department’s leading role in building an economy in which all can...

Good afternoon! I’m so excited to be here. This is a big day and we owe so much of it to Leader Schumer, who was the driving force behind the CHIPS and Science Act. Thank you to your leader, Tom Caulfield. Thank you to Governor Hochul, who has been a steadfast ally; Representative Tonko, who has been an advocate for New York; and Lael Brainard, who is joining us from the White House. And finally –...

U.S. Department of Commerce Outlines $1.5 Billion in Potential Funding to Support Multiple Projects in New York and Vermont and Create Approximately 10,500 Construction and Manufacturing Jobs Today, the Biden-Harris Administration announced that the U.S. Department of Commerce and GlobalFoundries (GF) have signed a non-binding preliminary memorandum of terms (PMT) to provide approximately $1.5...

Today, Secretary of Commerce Gina Raimondo spoke with Australia’s Minister for Trade and Tourism Don Farrell. During the call, Secretary Raimondo thanked the Minister and the Government of Australia for efforts to strengthen our bilateral trade and investment relationship through the U.S.-Australia Strategic Commercial Dialogue. Secretary Raimondo also conveyed her deep commitment to making the...

U.S. Secretary of Commerce Gina Raimondo will travel to Costa Rica next month to highlight the U.S.-Costa Rican bilateral commercial and investment relationship, and to underscore the need for diverse and resilient semiconductor supply chains. During her travel, the Secretary will address the need for geographical diversification of the semiconductor ecosystem to like-minded nations through...

Today the U.S. Department of Commerce released the 2023 update to its Equity Action Plan , in coordination with the Biden-Harris Administration’s whole-of-government equity agenda. This Equity Action Plan is part of the Department’s efforts to implement the President’s Executive Order on “ Further Advancing Racial Equity and Support for Underserved Communities Through The Federal Government ,”...

Thank you, Senator Warner. I am grateful to you and Representative Beyer for joining us today. Your leadership was essential to getting the CHIPS and Science Act passed and making the Innovation Fund happen. I also want to thank Assistant Secretary Davidson and the entire Innovation Fund team at NTIA for your terrific work standing up this program and funding projects like the one we’re here to...

Today, Secretary of Commerce Gina Raimondo spoke with Singapore Minister of Trade and Industry Gan Kim Yong. Secretary Raimondo wished Minister Gan a happy Lunar New Year and thanked him and the Government of Singapore for its strong commitment to the continued success of the Indo-Pacific Economic Framework for Prosperity (IPEF). The Secretary and Minister also discussed work that the United...