Thank you, Secretary Donelan, for traveling here for this historic day. It’s wonderful to be with you. Last November, at the AI Safety Summit in Bletchley Park hosted by Secretary Donelan and Prime Minister Sunak, I committed to establishing a formal partnership between the U.S. AI Safety Institute and the UK’s Safety Institute. Today’s signing of this Memorandum of Understanding between us is the...

The Department of Commerce Office of Faith-Based & Neighborhood Partnerships will host an in-person People with Disabilities Summit in Washington, D.C., to amplify and promote disability and neurodivergent inclusive development to empower and include disabled Americans. The summit will provide resources and connections between disabled communities and individuals with key stakeholders in order to...

The Department of Commerce Office of Faith-Based & Neighborhood Partnerships, in partnership with United Way Worldwide and Public Democracy America , will host an in-person, interactive Partnerships Summit in Washington, D.C., aimed at nonprofit leaders to engage and amplify opportunities for collaboration at the national and community levels around program implementation, policy, and community...

The Department of Commerce Office of Faith-Based & Neighborhood Partnerships, in partnership with the Boys & Girls Clubs of Greater Washington , will host an in-person, interactive Youth Summit in Washington, D.C., aimed at young people (ages 12-30) to engage and amplify opportunities for youth entrepreneurship, internships, apprenticeships, and other programs. Some parts of the Youth Summit will...

The Department of Commerce Office of Faith-Based & Neighborhood Partnerships, in partnership with Hispanic Access , will host an in-person National Latino Advocacy Summit in Washington, D.C., aimed at empowering the Latino community and building the capacity and familiarity among Latinos to advocate for themselves, their families, and their community. Our objective is to celebrate important...

Hello everyone! I’m very pleased to be back here today speaking with you all. I’d like to give a big thank you to the BIS team for putting together this remarkable conference. The last time I spoke at this conference was in 2022. Looking back, I don’t think anyone expected that in two years’ time, Russia’s illegal war of aggression against Ukraine would still be ongoing. But I believe that is a...

Thank you, Troy, for that introduction. Hello everyone! I am thrilled to be here with our partners at U.S. Customs and Border Protection to kick off the Trade Facilitation and Cargo Security Summit. This summit could not come at a better time, as all of us here – business and government – remain focused on ensuring the continued reliability, safety, and security of cross-border trade in goods and...

Last week, U.S. Secretary of Commerce Gina Raimondo traveled to Costa Rica to emphasize the strength of the U.S.-Costa Rican bilateral commercial and investment relationship and to underscore the importance of diverse and resilient semiconductor supply chains. During her visit, Secretary Raimondo highlighted the Biden-Harris Administration's efforts to diversify the semiconductor supply chain with...

The idea that prices differ by place is a well-known economic concept. Most consumers could easily identify that a day in New York City would cost more than an identical day in rural Texas. To quantify these price differences, the Bureau of Economic Analysis (BEA) publishes regional price parities (RPPs) . By using a weighted average of goods and services across places in a given year, RPPs allow...

Yesterday, Deputy Secretary of Commerce Don Graves, Assistant Secretary of Global Markets and Director General of the Foreign Commercial Service Arun Venkataraman, and SelectUSA Executive Director Jasjit Singh met with the U.S. Investment Advisory Council (IAC) for their final meeting of the term. They provided an update on the progress made on the recommendations submitted by the Council...