The Department of Commerce’s Bureau of Industry and Security (BIS) announced that it added 80 entities from China, the United Arab Emirates (UAE), South Africa, Iran, and Taiwan to the Entity List.
Sen. Joni Ernst (R-IA) is poised to challenge Commerce Secretary Gina Raimondo over her reported rush to allocate the remaining CHIPS and Science Act funds before President-elect Donald Trump takes office. In a letter expected to be delivered Wednesday, Ernst calls Raimondo’s expedited spending plan “extremely concerning” and urges her to stop any “binge buying” of taxpayer dollars.
The Biden administration announced new restrictions Monday targeting the export of advanced semiconductor chips and manufacturing equipment to China. The measures, introduced by the Commerce Department's Bureau of Industry and Security, aim to limit Beijing's ability to develop advanced technologies, including artificial intelligence and military applications.
President-elect Donald Trump has nominated Howard Lutnick, CEO of Cantor Fitzgerald and cryptocurrency advocate, to serve as commerce secretary in his upcoming administration. Trump made the announcement on Tuesday via Truth Social, citing both Lutnick’s business expertise and commitment to advancing Trump’s trade policies.
The U.S. government has taken control of an aircraft linked to Venezuela's President Nicolas Maduro, relocating it from the Dominican Republic to Florida
Fifteen senior Biden aides were summoned by House Republicans on Thursday due to worries that the administration would be carrying out a partisan "scheme"...
Nineteen Republican attorneys general have challenged the Commerce Department's diversity, equity, inclusion, and accessibility (DEIA) principles in a letter.