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Bureau of Industry and Security Implements Removal of State Sponsor of Terrorism Designation for Cuba

Tue, 2015-07-21 18:14

Today, the United States Department of Commerce Bureau of Industry and Security (BIS) implemented the Secretary of State’s removal of Cuba from the list of State Sponsors of Terrorism. The revisions, on public display today at the Federal Register, eliminate references in the Export Administration Regulations (EAR) to Cuba as a State Sponsor of Terrorism.

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Commerce and the Digital Economy – Towards A Transatlantic Partnership

Tue, 2015-07-21 17:33

Guest blog post by Alan Davidson, Director of Digital Economy, U.S. Department of Commerce
This week Commerce Secretary Pritzker travels to Brussels, and issues facing the digital economy will be top of mind. As a starting point for that conversation, it’s worth reviewing what is at stake and why the Commerce Department is working to support innovation and investment online -- on both sides of the Atlantic.

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PAGE Video Series: Kiva’s Julie Hanna

Tue, 2015-07-21 17:30

New to the Presidential Ambassadors for Global Entrepreneurship (PAGE) program this year, Julie Hanna understands how important it is to inspire and provide support to potential entrepreneurs around the globe. As an immigrant from Egypt, Julie says that she would not have become the successful businesswoman she is today without the access she was given to new technology and other business resources.

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PAGE Video Series: Airbnb’s Brian Chesky

Tue, 2015-07-21 15:32

Brian Chesky, co-founder of Airbnb, believes that “the idea of an entrepreneur means to be empowered, to be able to create your own destiny, and to create the kind of world you want to live in.”

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American Entrepreneurship on Display at Global Entrepreneurship Summit

Tue, 2015-07-21 15:04

Entrepreneurship is one of America’s greatest assets and exports. Empowering young people and innovators worldwide to pursue their dreams and start new businesses has been a priority for President Obama and the Department of Commerce from day one of this Administration – and for good reason: when entrepreneurs bring new products and services to market, they create avenues of economic opportunity for people in their communities and beyond.

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President Obama Celebrates 25 Years of the ADA

Tue, 2015-07-21 12:58

Yesterday, President Obama celebrated the 25th anniversary of the Americans with Disabilities Act (ADA) at the White House.

In the East Room, President Obama honored those who made the ADA the law of the land – the activists, congressional representatives, and stakeholders who worked tirelessly to ensure that millions of Americans with disabilities had the chance to make their contributions to the world.
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5 Years of Wall Street Reform, By the Numbers:

Tue, 2015-07-21 12:11

Five years ago today, President Obama signed the Wall Street Reform and Consumer Protection Act into law. (It's commonly called "Dodd-Frank," or simply "Wall Street Reform," and you can read more about what it's doing here.)
Here are a couple numbers that help show exactly what the law has done these past years.

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Meet the Law That’s Been Quietly Protecting You and Strengthening Our Economy for the Past 5 Years:

Tue, 2015-07-21 12:00

“Dodd-Frank” is shorthand for the Wall Street Reform and Consumer Protection Act, whose chief co-sponsors on Capitol Hill were Senator Chris Dodd and Representative Barney Frank. These reforms — that the President signed into law exactly five years ago today — and others the Administration has put in place since the crisis represent the most sweeping set of financial reforms since the Great Depression.
Why does it matter and why should you care? Let’s take a walk down memory lane.

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Embassy Openings in Washington and Havana: On a Path Towards a Democratic, Prosperous Cuba

Tue, 2015-07-21 06:00

Today marks a new beginning in our nation’s relationship with Cuba, furthering a path that will engage and empower the Cuban people. While we may be separated by 90 miles of water, we are brought together through shared relationships and the desire to promote a democratic, prosperous, and stable Cuba.

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GES 2015: Why the Smart Money is On Kenya

Tue, 2015-07-21 00:00

This week, I will join President Obama in Nairobi, Kenya, for the sixth-annual Global Entrepreneurship Summit. GES 2015 will shine a spotlight on the extraordinary potential of entrepreneurs in...

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