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Trump Administration Secures an Additional $100 Billion U.S. Semiconductor Manufacturing Investment for a Total of $265 Billion from TSMC

Press releases
As a result of the historic deal related to U.S. and Taiwan Trade and Investment announced in January 2026, TSMC has just announced an incremental $100 billion investment for a total of $265 billion in the U.S. This investment will result in four additional advanced semiconductor manufacturing facilities, bringing the total to 12 leading-edge semiconductor and packaging facilities. Today, the...

U.S. Department of Commerce Names Andrew Silberstein Executive Director of the U.S. Investment Accelerator

Press releases
The U.S. Department of Commerce has named Andrew Silberstein as the next Executive Director of the U.S. Investment Accelerator. Mr. Silberstein brings nearly three decades of experience across real estate, private equity, and investment banking to the role. Mr. Silberstein most recently served as Head of Private Markets for the real estate investment arm of Neuberger. Over the course of his career...

Commerce Department Initiates Review of California Coastal Management Program under Coastal Zone Management Act

Press releases
Washington, D.C. – The Department of Commerce announced the transmittal of a letter from Secretary of Commerce Howard Lutnick to Kevin Hassett, director of the White House National Economic Council, directing the National Oceanic and Atmospheric Administration (NOAA) to conduct a full, formal review of California’s coastal management program under the Coastal Zone Management Act (CZMA). This...

2026 SelectUSA Investment Summit Concludes, Catalyzing Over $56 Billion in Investment Commitments and Plans

Press releases
This week, the U.S. Department of Commerce hosted the 2026 Select USA Investment Summit, the largest in its history. Held May 3-6 in National Habor, Maryland, the Investment Summit welcomed over 5,500 attendees from a record 100+ international markets and included over 1,100 economic developers representing all 55 U.S. states and territories. This year’s Investment Summit catalyzed more than $56...

Secretary Howard Lutnick and Global Business Leaders Announced as Speakers at the 2026 SelectUSA Investment Summit

Press releases
Today, the Department of Commerce announced that U.S. Secretary of Commerce Howard Lutnick will provide opening keynote remarks at the 2026 SelectUSA Investment Summit, scheduled for May 3-6 at the Gaylord National Resort and Convention Center in National Harbor, Maryland. The Department of Commerce also announced global business leaders who will participate as main stage speakers, including on...

Trump Administration Announces the Creation of the USDA Office of Seafood

Press releases
Today, U.S. Secretary of Agriculture Brooke L. Rollins, alongside U.S. Secretary of Commerce Howard Lutnick, U.S. Secretary of the Interior Doug Burgum, White House National Economic Council Director Kevin Hassett, Alaska Senator Dan Sullivan, and Maine Senator Susan Collins announced the creation of the new U.S. Department of Agriculture (USDA) Office of Seafood. This first-of-its-kind office...

Commerce and Energy Departments Announce Partnership to Ensure Affordable Energy and Power America’s AI Future

Press releases
The U.S. Department of Commerce (DOC), alongside the U.S. Department of Energy (DOE), today announced a unique public-private partnership with SoftBank and AEP Ohio to redevelop DOE land, modernize energy infrastructure, and develop advanced computing in Southern Ohio. As part of the partnership, SB Energy, a SoftBank Group company, is planning to build 10 gigawatts (GW) of new power generation...

Joint Announcement on the Japan-U.S. Strategic Investment

Press releases
On the occasion of the Summit Meeting between Prime Minister TAKAICHI Sanae and President Donald J. TRUMP in Washington, D.C. on March 19, 2026, the Government of Japan and the Government of the United States of America welcome the steady progress in the implementation of the FIRST batch of projects under the Japan-U.S. Strategic Investment, which were announced on February 17, 2026. First batch...