Today, the U.S. Department of Commerce shared the Biden-Harris Administration’s strategic vision to strengthen the semiconductor supply chain through CHIPS for America investments. To advance this vision, the Department announced a funding opportunity and application process for large semiconductor supply chain projects and will release later in the fall a separate process for smaller projects...

The group will build on NIST’s Risk Management Framework to tackle risks of rapidly advancing generative AI Today, U.S. Secretary of Commerce Gina Raimondo announced that the National Institute of Standards and Technology (NIST) is launching a new public working group on Artificial Intelligence (AI) that will build on the success of the NIST AI Risk Management Framework (RMF) to address this...

Thank you, Eric, for the kind introduction. I’m delighted to be here today. The Aerospace Industries Association is an important partner of the Commerce Department. I know one issue on the front of everyone’s mind is supply chains. The Biden Administration is working hard to create a business environment that encourages reshoring of critical supply chain needs. The CHIPS and Science Act, the...

Hello, everyone! It is my great pleasure to be here with you today at the return of the Paris Air Show after four long years. On behalf of the Department of Commerce, I would like to thank Tom Kallman and his outstanding team at Kallman Worldwide for their impressive work in putting together this amazing U.S. pavilion – you should all be very proud. I am very excited to be here as part of a robust...

NOAA opens applications for first ever Climate Resilience Regional Challenge Today, the U.S. Department of Commerce announced its first-ever Climate Resilience Regional Challenge, which will provide $575 million in funding through President Biden’s Investing in America agenda to help coastal and Great Lakes communities, including Tribal communities in those regions, become more resilient to...

Today, Deputy Secretary Don Graves met with Singapore’s Minister for Foreign Affairs Vivian Balakrishnan to discuss U.S. economic engagement in Southeast Asia and the Indo-Pacific region. Deputy Secretary Graves underscored the Commerce Department’s commitment to promoting a peaceful, secure, and prosperous Southeast Asia and thanked Singapore for its continued support and leadership in the Indo...

The Department of Commerce’s National Telecommunications and Information Administration (NTIA) announced $930,021,354.34 to expand middle mile high-speed Internet infrastructure across 35 states and Puerto Rico as part of President Biden’s Investing in America agenda. Under the Biden-Harris Administration’s Internet for All Initiative, the Enabling Middle Mile Broadband Infrastructure Program...

Geographic inequality has widened over the past four decades. The gap in incomes between richer places and poorer places has grown. Strikingly, geographic income inequality continued to climb in recent years even though many measures of overall income and wage inequality have narrowed somewhat as wage growth has been strongest for lower-wage workers . Rising geographic inequality suggests that...