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Feb092016

U.S. Secretary of Commerce Penny Pritzker today released the fiscal year 2017 budget request for the U.S. Department of Commerce. The FY17 budget request supports and builds on President Obama’s vision for creating economic opportunity for all Americans, and includes critical funding for key Commerce priorities, including promoting trade and investment, spurring innovation, and fueling our data-...

Feb092016

"Today, President Obama announced a Cybersecurity National Action Plan (CNAP), the culmination of more than seven years of work to develop near-term actions and a long-term strategy that will enhance cybersecurity awareness and protections, protect privacy, maintain public safety, support economic and national security, and empower Americans to better manage their safety online."...

Feb092016

Under the President’s leadership, we have turned our economy around and created 14 million jobs. Our unemployment rate is below five percent for the first time in almost eight years. Nearly 18 million people have gained health coverage as the Affordable Care Act has taken effect. And we have dramatically cut our deficits by almost three-quarters and set our Nation on a more sustainable fiscal...

Feb082016

During her remarks, Secretary Pritzker highlighted the importance of addressing cyber threats with as much urgency as we do public health crises, natural disasters, and war-time threats. The only way to protect our country against growing threats in cyber space, she said, is through urgent, effective, and constant collaboration among industry, government, and civil society.

Feb082016

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Strong cybersecurity starts at the top. When the CEO or the president of a company truly understands how critical cybersecurity is to their organization’s reputation and bottom line, the whole organization gets it. And it takes the whole organization working in concert to give a company, government agency, or non-profit a fighting chance to fend off today’s array of cyber threats.

Feb082016

Today, U.S. Secretary of Commerce Penny Pritzker announced the 25 awardees that will receive $10 million under the Economic Development Administration’s (EDA) 2015 Regional Innovation Strategies (RIS) program. The 2015 RIS program is managed by EDA’s Office of Innovation and Entrepreneurship (OIE) and is designed to advance innovation and capacity-building activities in regions across the country...

Feb052016

U.S. Secretary of Commerce Penny Pritzker issued the following statement today on the release of the December 2015 U.S. International Trade in Goods and Services monthly and 2015 annual data. U.S. exports of goods and services totaled $2.23 trillion in 2015, a 4.8 percent decrease from 2014. Overall, the United States increased goods exports to 58 international markets, establishing records with...

Feb052016

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The goal of the trip for the PAC-DBIA members was to listen and learn, and in the near future, provide recommendations to President Obama and Secretary Pritzker that will guide the Administration’s policy choices with respect to enhancing commercial ties between the U.S. and countries across Africa.

Feb042016

Today, U.S. Secretary of Commerce Penny Pritzker delivered remarks at the inauguration of the Tornillo-Guadalupe Port of Entry and International Bridge in Tornillo, Texas. The port of entry will replace the Fabens-Caseta Port of Entry completed in 1938 and will connect Tornillo, Texas and Guadalupe, Mexico.

Feb042016

U.S Secretary of Commerce Penny Pritzker and U.S. Secretary of Homeland Security Jeh Johnson today joined Mexican President Enrique Peña Nieto to inaugurate the Tornillo-Guadalupe Port of Entry and International Bridge in Tornillo, Texas. The port of entry will replace the Fabens-Caseta Port of Entry completed in 1938 and will connect Tornillo, Texas and Guadalupe, Mexico.

Jan292016

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For more than 40 years, the Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, has partnered with business to help build this critical infrastructure and address some of the world’s biggest development challenges from poverty to food security to widespread power shortages.

Jan282016

A report issued today by the U.S. Department of Commerce recommends amendments to copyright law that would provide both more guidance and greater flexibility to courts in awarding statutory damages. The recommended amendments would ensure continued meaningful protection for intellectual property while preserving the dynamic innovation that has made digital technology so important to the American...

Jan282016

Today, U.S. Deputy Secretary of Commerce Bruce Andrews delivered remarks at the Brazil-U.S. Business Council Strategic Planning Meeting, hosted by the U.S. Chamber of Commerce. Before a group of public and private sector leaders, Deputy Secretary Andrews discussed the importance of the commercial relationship between the U.S. and Brazil and highlighted ways the Department of Commerce is working...

Jan282016

Today, U.S. Deputy Secretary of Commerce Bruce Andrews delivered the keynote remarks on the impact of the Trans-Pacific Partnership on manufacturing at an event hosted by the Washington International Trade Association (WITA). The event was part of WITA's ongoing speaker series which brings together public and private sector leaders to explore different aspects of the TPP...

Jan272016

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When I was growing up in Lagos, Nigeria’s largest city, my father used to say that his future was in his past. In other words, you can never know how what happens today might impact tomorrow. My father, Ime James Ebong, used to regale my sisters and me with stories about rising through the ranks of the Nigerian Civil Service after the country gained independence in 1960.

Jan272016

Today I am joined in Kigali by the group of senior executives who comprise the President’s Advisory Council on Doing Business in Africa. Their charge is to provide recommendations to President Obama and me on policy steps we can take to strengthen commercial engagement between the United States and countries across Africa, including how to build lasting partnerships between the U.S. and African...

Jan262016

Today, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) and the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) are announcing new amendments to the Cuban Assets Control Regulations (CACR) and Export Administration Regulations (EAR), respectively. These amendments further implement the new direction toward Cuba that President Obama laid out in...

Jan262016

During the week of September 19, 2016, on the occasion of the 71st Session of the UN General Assembly, Bloomberg Philanthropies and the U.S. Department of Commerce will co-host the second U.S.-Africa Business Forum, a day focused on increased trade and investment between the U.S. and African nations. The U.S.-Africa Business Forum will build on the progress of the inaugural Forum, held during the...

Jan252016

Today, U.S. Secretary of Commerce Penny Pritzker addressed U.S. and African business leaders at an event hosted by the Tony Elumelu Foundation and the United Bank for Africa titled "Unleashing Africa’s Entrepreneurs: Strengthening the Entrepreneurial Ecosystem to Empower the Next Generation of Africa’s Business Leaders.” The President's Advisory Council on Doing Business in Africa (PAC-...

Jan252016

U.S. Secretary of Commerce Penny Pritzker arrived in Lagos, Nigeria to kick-off a fact-finding mission with senior U.S. business executives who comprise the President's Advisory Council on Doing Business in Africa (PAC-DBIA). Chaired by Secretary Pritzker, the Council was formed to advise the President on ways to strengthen commercial engagement between the U.S. and Africa. This trip...

Jan212016

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On December 15, 2015, the Department of Commerce’s BusinessUSA team was awarded an inaugural President’s Award for Customer Service by the White House at the Unlocking the Full Potential of America’s Federal Workforce event.

Jan202016

Today, U.S. Deputy Secretary of Commerce Bruce Andrews delivered remarks on the current state of the economy at the U.S. Conference of Mayors’ 84th Annual Winter Meeting. Addressing the Metro Economies Standing Committee, Deputy Secretary Andrews highlighted key areas of collaboration between the Department of Commerce and local governments across the country.

Jan202016

U.S. Deputy Secretary of Commerce Bruce Andrews today announced he will lead a delegation of 18 American companies on a Smart Cities Infrastructure Business Development Mission to India from February 8-12, 2016, with stops in New Delhi, Mumbai, and Chennai. Director of the U.S. Trade and Development Agency (USTDA) Lee Zak and Vice President of Global Business Development at the Export-Import Bank...

Jan192016

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Last week, U.S. Secretary of Commerce Penny Pritzker and Minority Business Development Agency (MBDA) Director Alejandra Y. Castillo hosted a roundtable with local minority business leaders in New Orleans to discuss the tremendous growth of minority-owned businesses and their impact on the local and national economy.

Jan152016

In the days immediately following the State of the Union, Secretary of Commerce Penny Pritzker and other Cabinet officials are embarking on the “State of the Union: Cabinet In Your Community” road tour to engage Americans in small towns, big cities and Indian country about the advancements the Administration has made on the most important issues facing the American people, as well as the...

Jan152016

The Presidential Ambassadors for Global Entrepreneurship (PAGE) initiative announced today that NASA will become the fifth interagency member to the join the growing partnership. NASA will work closely with PAGE members who focus their efforts towards supporting entrepreneurship in the science and technology sectors.

Jan132016

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At the beginning of 2015, the President declared during the State of the Union that “the shadow of crisis has passed and the State of our Union is strong.” Trade and foreign investment play an important role in making our nation strong. The successes we achieved last year to advance our trade and investment agenda prove that very point.

Jan132016

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NOAA’s Weather and Climate Operational Supercomputer System is now running at record speed, with the capacity to process and analyze earth observations at quadrillions of calculations per second to support weather, water and climate forecast models. This investment to advance the field of meteorology and improve global forecasts secures the U.S.

Jan122016

On January 11, 2016, U.S. Secretary Commerce Penny Pritzker delivered remarks at the Presidential Town Hall Meeting of the 96th Annual Meeting of the American Meteorological Society (AMS). The AMS Annual Meeting brings together the leading members of nation’s weather, water, and climate communities to discuss timely issues facing those in the weather enterprise.

Jan082016

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The United States continues to be the premier investment destination for entrepreneurs and investors from all around the world. International companies are serious about committing to the U.S. market, evident by the overwhelmingly positive response to the last SelectUSA Investment Summit in March 2015.

Jan072016

U.S. Secretary of Commerce Penny Pritzker today announced that registration is now open for the third SelectUSA Investment Summit to be held June 19-21, 2016, in Washington, D.C. The Summit’s theme is “The Innovation Advantage” and will feature investment opportunities from every corner of the United States for global investors, while high-profile business and government leaders will share their...

Jan042016

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Communities weighing choices for capital improvement projects intended to improve their resilience to severe weather, wildfires, earthquakes, or other types of hazards now have a new guide to help them sort through the costs and benefits of each when deciding which investment is best for their particular circumstances.

Dec222015

The U.S. Commerce Department’s National Institute of Standards and Technology (NIST) announced today it has issued a Notice of Intent to fund up to two institutes as part of the National Network for Manufacturing Innovation (NNMI). For its first institutes, the Commerce Department will provide up to a total of $70 million per institute over five to seven years. Commerce funding must be matched by...

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