Good morning, everyone. Welcome to Los Angeles. And thank you to my colleagues who made the trip across the Pacific. Katherine and I are thrilled to host you for the first in-person Indo-Pacific Economic Framework Ministerial for all four Pillars. This Ministerial is an opportunity to have constructive discussions, build rapport among our teams, align our expectations, and plan the path forward...

Today, Secretary of Commerce Gina Raimondo met virtually with Japan’s Trade Minister for Economy, Trade, and Industry (METI) Yasutoshi Nishimura to congratulate him on his recent appointment to the position. The two discussed the ongoing work and support for the Indo-Pacific Economic Framework for Prosperity (IPEF) and U.S.-Japan cooperation on common bilateral goals, under the Japan-U.S...

After the successful bipartisan passage of the CHIPS and Science Act of 2022 and bill signing by President Joseph R. Biden, the Commerce Department announced Thursday the launch of the CHIPS.gov website . This new online resource, which includes implementation priorities established in an Executive Order signed by the President , will inform the implementation of the program. “The Commerce...

U.S. Secretary of Commerce Gina Raimondo and U.S. Trade Representative Katherine Tai today announced that they will co-host an Indo-Pacific Economic Framework for Prosperity (IPEF) Ministerial in Los Angeles, California on September 8-9, 2022. The first in-person Ministerial builds on the constructive virtual meetings with 13 Indo-Pacific partners held this year before and after President Biden...

Council Advises the Secretary on Issues Affecting Foreign Business Investment and Economic Development Today, U.S. Secretary of Commerce Gina Raimondo announced the names of 34 international business and economic leaders who will advise the Secretary of Commerce on how government policies and programs affect the United States’ ability to attract and facilitate foreign business investment. "For the...

Today, U.S. Secretary of Commerce Gina M. Raimondo released the following statement following President Biden signing the Inflation Reduction Act into law: "President Biden is securing historic victories for American families, American workers and our economy. The Inflation Reduction Act will lower cost for families, including health care and prescription drug costs, reduce the deficit, combat the...

Assistant Secretary Davidson Announced the Awards During an Official Visit to Alaska At an Internet for All roundtable today in Fairbanks, Alaska, the Department of Commerce’s National Telecommunications and Information Administration (NTIA) announced that it has awarded two grants as part of the Tribal Broadband Connectivity Program. These grants, totaling approximately $51 million, are awarded...

U.S. Secretary of Commerce Gina M. Raimondo released the following statement following President Biden’s signing of the CHIPS and Science Act of 2022. “Today, President Biden signed into law a historic investment that will help revitalize the U.S. domestic manufacturing economy, spur research and development in critical industries, and enable us to continue outcompeting and out-innovating the rest...

Hello, everyone. This is an exciting day! Thank you, Speaker Pelosi, for that introduction. It’s wonderful to be here with you. Mr. President, thank you for your tremendous leadership. The CHIPS and Science Act is a historic investment that will help us meet your goal of revitalizing our domestic manufacturing economy. To Speaker Pelosi, Leader Schumer, and the members of Congress – both Democrat...

Good afternoon. Welcome, Secretary Walsh and our guests, to the U.S. Department of Commerce. Today, we’re excited to release our new Job Quality Toolkit, along with seven case studies provided by the National Skills Coalition. Small- and medium-sized employers are the building blocks of our economy, and those that offer high-quality jobs have a clear competitive advantage. The demand for workers...