Thank you, John, for that introduction and thank you to the Center for Strategic and International Studies for hosting this forum. I also want to thank the private sector leaders that are here today. You play a vital role in countering democratic backsliding and ensuring that democracies deliver for their people. As President Biden has said, “democracy does not happen by accident…democracy needs...

Today U.S. Secretary of Commerce Gina M. Raimondo, Secretary of Transportation Pete Buttigieg, and Ukrainian Minister of Infrastructure Oleksandr Kubrakov announced that they have signed a joint statement of intent to create a U.S.-Ukraine Infrastructure Task Force focused on Ukraine’s critical war-time needs and future post-conflict infrastructure reconstruction. This announcement reinforces the...

Thank you, Deputy Secretary Adeyemo, for bringing us together today. And thank you to all in the room who have joined the effort. When Russia launched its unconscionable war against the Ukrainian people, the Commerce Department had to rewrite the playbook of economic statecraft. The United States needed to degrade Russia’s military capability, and quickly, without boots on the ground. Export...

Today, U.S. Secretary of Commerce Gina M. Raimondo and U.S. Secretary of Defense Lloyd J. Austin III released the following letter to congressional leadership on the national security imperative to pass the Bipartisan Innovation Act before the end of the month. A copy of the letter can be read below or viewed here . Dear Speaker Pelosi, Majority Leader Schumer, Minority Leader McCarthy, and...

Chair Cantwell, Ranking Member Wicker, and members of the Committee, thank you for this opportunity to discuss President Biden’s Fiscal Year 2023 Budget Request for the U.S. Department of Commerce. The priorities funded in this Budget build upon the investments you enacted in Fiscal Year 2022, and I am grateful for your support as we look forward to accomplishing even more in Fiscal Year 2023. The...

Today, following the announcement by Vice President Harris that the United States would not conduct destructive, direct-ascent anti-satellite (ASAT) missile tests, Deputy Secretary of Commerce Don Graves issued the following statement: “The Commerce Department welcomes the announcement by Vice President Harris not to conduct destructive, direct-ascent anti-satellite (ASAT) missile tests. Space...

Today, Commerce Secretary Gina M. Raimondo released the following statement following House Speaker Nancy Pelosi’s appointment of House conferees to the Bipartisan Innovation Act conference committee. “With demand for chips at an all-time high, it’s crucial that we bring chip production - and it’s good-quality manufacturing jobs - back home to the United States,” Secretary Raimondo said. “This is...

As the administration and members of both parties continue to meet to bridge differences between the United States Innovation and Competition Act of 2021 (USICA) and the America COMPETES, industry leaders wrote to Congressional leaders, urging them to set aside their differences and quickly get legislation to the President’s desk that invests in American manufacturing, innovation, and supply...

I want to thank the House of Representatives for passing the America COMPETES Act today. This bill is essential to our economy, our workers, and will unleash the next generation on innovation and scientific advancement in the United States. In particular, I want to recognize Speaker Pelosi, Leader Hoyer, and Chairwoman Eddie Bernice Johnson for their efforts in getting this bill over the finish...

The Commerce Department’s Bureau of Industry and Security (BIS) has issued a final rule adding twenty-seven foreign entities and individuals to the Entity List for engaging in activities that are contrary to the national security or foreign policy interests of the United States. The twenty-seven entities and individuals are located in the People’s Republic of China (PRC), Japan, Pakistan and...