Today, Secretary Raimondo and other administration officials briefed bipartisan members of Congress on the economic and national security vulnerability presented by a lack of domestic semiconductor production. Raimondo’s briefing was based on the analysis below. Semiconductors power nearly every new computer, smartphone, car, and the cloud servers that underpin the world economy and even the...

On Monday, March 21st, a bipartisan cohort of national security officials urged Congress to swiftly pass legislation revitalizing domestic semiconductor manufacturing, boosting domestic manufacturing, and helping America economically outcompete China and the rest of the world in the 21st century. Joining Commerce Secretary Gina Raimondo and members of Congress from both parties, the officials...

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...

Bipartisan Innovation Act would invest $52 billion in domestic semiconductor production On Wednesday, March 2, following President Biden’s State of the Union address, where he called on Congress to pass the Bipartisan Innovation Act, Commerce Secretary Gina Raimondo toured the MIT.nano lab at the Massachusetts Institute of Technology (MIT) to discuss the need for increased domestic production of...

Thank you, Congresswoman Williams for that kind introduction and thank you for all that you do for your district, the city of Atlanta, the State of Georgia, and our country. I also want to thank you, Dr. French, for generously hosting us here today at the beautiful Clark Atlanta University. Although I am the great, great grandson of Howard University’s first graduate, I have a ton of love for CAU...

Following passage of the House’s America COMPETES Act, industry leaders applauded Congress for taking a critical step forward in getting the President’s proposed $52 billion in chips funding signed into law. Passage of the bill followed the release of an alarming report by the Department of Commerce earlier this month regarding the semiconductor chip shortage. Following House passage of the...

I want to thank the House of Representatives for passing the America COMPETES Act today. This bill is essential to our economy, our workers, and will unleash the next generation on innovation and scientific advancement in the United States. In particular, I want to recognize Speaker Pelosi, Leader Hoyer, and Chairwoman Eddie Bernice Johnson for their efforts in getting this bill over the finish...

Today, following House’s passage of the America COMPETES Act to rebuild the domestic semiconductor manufacturing industry, strengthen supply chains, and invest in critical research, U.S. Secretary of Commerce Gina M. Raimondo released the following statement: I want to thank the House of Representatives for passing the America COMPETES Act today. This bill is essential to our supply chains, our...

Following Qatar Airways and Boeing’s announcement of the largest deal for freighter aircraft in Boeing’s history, lawmakers, labor unions, and business groups applauded the announcement as just the most recent win in the Biden administration’s work to revitalize American manufacturing. This deal builds upon recent announcements made by General Motors (GM), Samsung, Intel, and others who have...

Today, following her participation in a signing ceremony for Qatar Airways’ purchase of Boeing Aircraft, U.S. Commerce Secretary Gina M. Raimondo released the following statement: “I’m honored and excited to celebrate this new development in the thriving trade relationship between the United States and Qatar. Today, we’re announcing a deal of historic significance between the Boeing Company and...