Department of Commerce

Commerce Department, Donald Trump and Howard Lutnick

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.

Hosted on MSN · 2d

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, Science, and Transportation Committee Wednesday morning 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.

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.

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.

Benzinga on MSN · 48m

U.S. Q4 Economic Growth Slows to 2.3%, Below Expectations

The U.S. economy grew at a 2.3% annualized pace in Q4 2024, slightly below expectations of 2.5%, according to the Commerce Department. GDP growth for the full year was 2.8%, down from 2.9% in 2023. Consumer spending remained robust,

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 ...

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 Gov9d

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 ...

NBC Montana7d

Dept. of Commerce awards federal funds towards affordable housing

The Montana Department of Commerce will award $3.2 million in federal funding to build or preserve affordable homes in four ...

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