Department of Commerce

Donald Trump, Howard Lutnick and Commerce Department

Howard Lutnick, Trump Commerce secretary pick, says it's 'nonsense' that tariffs cause inflation

President Donald Trump’s nominee to lead the Commerce Department, Howard Lutnick, told senators the argument that tariffs cause inflation is "nonsense" during a confirmation hearing.

The New York Times · 2d

Commerce Nominee Defends Trump Tariffs and Promises Strong Stance on China

Howard Lutnick, the financier President Trump has picked to lead the Commerce Department, said he favored “across-the-board” tariffs and was grilled about his financial ties in a nomination hearing Wednesday.

floridaphoenix · 1d

Commerce nominee Lutnick in confirmation hearing backs Trump’s tariff plans

Billionaire businessman Howard Lutnick got a step closer to potentially serving as the next Commerce secretary after largely sailing through his confirmation hearing Wednesday before a U.S. Senate panel.

GDP grew at a 2.3% pace in 4th quarter, less than expected

FOX News on MSN · 1d

US economy grew 2.3% in the fourth quarter, slower than expected

The U.S. economy grew at a rate of 2.3% in the fourth quarter of 2024, according to a new estimate released by the Commerce Department's Bureau of Economic Analysis.

CBS News on MSN · 1d

U.S. economy grows 2.3% in last quarter, latest GDP data shows

The American economy ended 2024 on a solid note with consumer spending continuing to drive growth. The Commerce Department reported Thursday that gross domestic product — the economy's output of goods and services — expanded at a 2.

NBC News on MSN · 1d

GDP grew at a 2.3% pace in the fourth quarter, less than expected

U.S. economic growth slowed a bit more than expected in the final three months of 2024, the Commerce Department reported Thursday.

Silicon Valley Deal Maker to Join Commerce Dept.

Michael Grimes, a top banker at Morgan Stanley, would become the latest leading tech figure to join the Trump administration, ...

Hoodline3d

Ohio Department of Commerce Offers Key Cybersecurity Tips Amid Rising Cybercrime

Ohio's Department of Commerce advises on cyber security amid rising cybercrime reports and suggests practical measures to ...

2don MSN

Watch live: Commerce chief nominee Howard Lutnick faces Senate confirmation hearing

Howard Lutnick, President Trump’s pick to lead the Commerce Department, will face questioning from the Senate Commerce, ...

JD Supra1d

Department of Commerce Issues Export Controls on Advanced Computing Chips and Artificial Intelligence Models

The Department of Commerce’s Bureau of Industry and Security released on January 13, 2025, an interim final rule to implement an export ...

NBC Montana4d

Dept. of Commerce discontinues home repair assistance program

The Montana Department of Commerce will no longer accept applications for the Homewoner Assistance Fund Home Repairs ...

Executive Gov10d

Commerce Department Issues AI Guidebook for Data Accessibility

A working group composed of the department’s AI and data experts was formed by the Commerce Data Governance Board to initiate ...

JD Supra1d

US Commerce Dept. Rule Expands Licensing Requirements for AI-Related Materials

On January 13, 2025, the Department of Commerce, Bureau of Industry and Security (BIS) released an interim final rule establishing (i) expanded ...

Solugen CEO Appointed to Department of Commerce Advisory Committee on Advanced Technology

Founder, Gaurab Chakrabarti, has been appointed to the Visiting Committee on Advanced Technology (VCAT) of the National Institute of Standards and Technology (NIST), part of the U.S. Department of ...

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