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...

This week, U.S. Secretary of Commerce Gina Raimondo and Deputy Secretary Don Graves emphasized the dire need to bring back manufacturing jobs, secure our supply chains, and revitalize domestic microchip manufacturing during a virtual media tour across the country. During their interviews, Raimondo and Graves discussed the significant economic benefits that investing in semiconductor production...

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...

The Hollings Manufacturing Extension Partnership (MEP), a program of the U.S. Commerce Department’s National Institute of Standards and Technology (NIST), has announced the results of its fiscal year 2021 manufacturing client survey, as well as the impacts of Coronavirus Aid, Relief, and Economic Security Act (CARES Act) funding through January 2022. “The survey shows that, even while navigating...

Thank you, Sean, for that introduction. It’s an honor to be joining you today. And thank you to my friend Terry O’Sullivan and all of the union heads gathered here today. I’m so glad to see you. I’d like to give a special shoutout to Armand Sabitoni for his work for our country. And also to Michael Sabitoni and all my friends in Rhode Island for the amazing work they do back home. And I want to...

Today, U.S. Commerce Secretary Gina Raimondo, U.S. Energy Secretary Jennifer Granholm, and North Carolina Governor Roy Cooper applauded Vietnamese automaker VinFast’s announcement of a multi-billion dollar-investment in building electric vehicles and batteries in North Carolina. VinFast’s investment will create more than 7,000 jobs in the region and fuel American efforts to combat the climate...

Today, Commerce Secretary Gina M. Raimondo met with Singapore’s Minister for Trade and Industry Gan Kim Yong and Minister for Communications and Information Josephine Teo, who are visiting the United States as part of Prime Minister Lee Hsien Loong’s delegation. During their meeting, Secretary Raimondo and the delegation’s members discussed joint coordination efforts on the Indo-Pacific Economic...

The Memorandum of Understanding implementing the PGI was signed by Singapore’s Minister for Trade and Industry Gan Kim Yong and U.S. Secretary of Commerce Gina Raimondo in October 2021. The PGI is a bilateral economic cooperation platform designed to secure inclusive growth for our economies and regions by strengthening U.S.-Singapore collaborations in new and forward-looking areas. Under the PGI...

Following United States Secretary of Commerce Gina M. Raimondo and United States Trade Representative Katherine C. Tai’s announcement of a new 232 tariff agreement with the United Kingdom, American businesses and industry and labor groups are applauding the deal, which will allow historically-based sustainable volumes of U.K. steel and aluminum products to enter the U.S. market without the...

Thank you, President Paxson, for inviting me to deliver the Ogden Memorial Lecture on International Affairs. It’s an honor to be here. And thank you to everyone attending. I’m excited to be at Brown University, I’m glad to see so many familiar faces, and I’m thrilled that we’re able to be together in person. It’s been just over a year since I was sworn in as the Secretary of Commerce, but Rhode...