On Tuesday, April 8, 2025, U.S. Secretary of Commerce Howard Lutnick announced that nearly $4 million in funding is ending to Princeton University after a detailed, careful, and thorough review of the Department’s financial assistance programs against National Oceanic and Atmospheric Administration’s (“NOAA”) current program objectives. In addition, the ending of these award programs will...

Today, U.S. Secretary of Commerce Howard Lutnick announced the first wave of global business leaders, and U.S. Governors participating at the 2025 SelectUSA Investment Summit, scheduled for May 11-14 at the Gaylord National Resort and Convention Center in National Harbor, Maryland. “President Trump’s America First Investment Policy is revitalizing our economy and making the United States of...

On Friday, U.S. Secretary of Commerce Howard Lutnick hosted a signing ceremony for a major commercial agreement between Korean Air and American aviation leaders Boeing and GE Aerospace, valued at approximately $32 billion. The agreement covers Korean Air’s purchase of up to 50 widebody aircraft manufactured by Boeing using GE Aerospace engines. The event underscored the Trump administration’s...

U.S. Secretary of Commerce Howard Lutnick and U.S. Trade Representative Jamieson Greer met with Secretary of State for Business and Trade Jonathan Reynolds and the Prime Minister’s Special Adviser on Business and Investment Varun Chandra to discuss a potential bilateral trade agreement following last month’s meeting between the President and United Kingdom Prime Minister Keir Starmer. During the...

“In 2021, Congress created the Broadband Equity, Access, and Deployment (BEAD) program to expand Americans’ access to high-speed internet. But, years later, because of the prior Administration’s woke mandates, favoritism towards certain technologies, and burdensome regulations, the program has not connected a single person to the internet and is in dire need of a readjustment. “Under my leadership...

SECRETARY LUTNICK: So, I’m thrilled to be here today, because President Trump has made it a fundamental objective to bring semiconductor chip manufacturing home to America. Under the Biden administration, TSMC received a $6 billion grant, and that encouraged them to build $65 billion. So, America gave TSMC 10 percent of the money to build here. And now you’re seeing the power of Donald Trump’s...

Every time you squeeze toothpaste onto your toothbrush, spray perfume on your skin, or swallow a pill, you’re using the result of a carefully crafted recipe made in a lab. These are called formulations. Formulations aren’t just simple mixtures — they’re complex arrangements of ingredients designed to work together in specific ways. Getting the recipe right can mean the difference between a product...

The same NOAA satellites that followed the moon’s shadow along the path of the Total Solar Eclipse and tracked Hurricanes Helene and Milton in 2024, also helped rescue 411 people from life-threatening situations in the U.S. and its surrounding waters last year. NOAA’s polar-orbiting and geostationary satellites are part of the global Search and Rescue Satellite Aided Tracking System, or COSPAS...