Following the 68-32 bipartisan passage of the U.S. Innovation and Competition Act of 2021 in the Senate, U.S. Secretary of Commerce Gina M. Raimondo released the following statement: “Over the past three months, I have heard from dozens of stakeholders at every level of the semiconductor supply chain and customer base that we need smart, strategic investments to shore up our domestic supply chain...

Today, the Biden-Harris Administration released its 100-day supply chain review of critical industries. As part of the review, the U.S. Department of Commerce conducted an analysis of risks pertaining to each segment of the semiconductor supply chain – from design and manufacturing to assembly, test, and packaging, as well as materials and semiconductor equipment – and provided recommendations to...

The Bureau of Industry and Security (BIS) at the Department of Commerce (Department) has amended its antiboycott provisions set forth in the Export Administration Regulations (EAR) to reflect the August 16, 2020 issuance by the United Arab Emirates (UAE) of Federal Decree-Law No. 4 of 2020, which formally ended the UAE’s participation in the Arab League Boycott of Israel. BIS’s action follows...

Vice President Kamala Harris, Secretary of Commerce Gina Raimondo, and Secretary of the Interior Deb Haaland announced today at the White House the availability of nearly $1 billion in U.S. Department of Commerce’s National Telecommunications and Information Administration (NTIA) grants to expand broadband access and adoption on Tribal land. The leaders called for significant broadband investments...

U.S. Secretary of Commerce Gina M. Raimondo today announced that President Joseph R. Biden, Jr. will provide prerecorded remarks at the 2021 SelectUSA Investment Summit , to be held virtually June 7-11. President Biden will join Cabinet Secretaries, Governors, CEOs, and other public and private sector leaders eager to strike global business investment deals for the United States and share insights...

Following a meeting with the National Association of Home Builders senior officers, including NAHB CEO Jerry Howard, the U.S. Secretary of Commerce Gina M. Raimondo released the following statement: “The residential construction industry is facing serious challenges because of supply chain constraints and the impact on home building, especially with respect to affordable housing. Today was a...

On Friday, May 21, U.S. Commerce Secretary Gina M. Raimondo hosted a roundtable with Republic of Korea President Moon Jae-In, Minister of Trade, Industry, and Energy Sung Wook Moon and U.S. and South Korean CEOs to demonstrate the importance of the economic relationship between the United States and South Korea, and in particular, significant cross-border investments in sectors critical to the...

After her listening sessions today with CEOs and senior executives from companies that represent the full scope of the semiconductor supply chain and customer base, U.S. Secretary of Commerce Gina M. Raimondo released the following statement: “Semiconductors play a unique role in our economic and national security, and when semiconductor supply chains are disrupted, the impact is felt across the...