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New Top Markets Series Provides Data and Analysis to Help U.S. Exporters Compare Opportunities Across Borders

Tue, 2015-07-14 14:51

Last year, the United States exported $2.34 trillion worth of goods and services—an all-time record. Exports from the United States in 2014 equaled the entire gross domestic product of Brazil and exceeded all commercial output in India, Italy, or Mexico. What is more, exports are an increasingly important aspect of the U.S. economy. As the significance of exporting grows, the Obama administration and the Department of Commerce is committed to providing the data and analytics U.S. companies need to compete effectively in foreign markets.

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5 Reasons a Business Revolving Line of Credit May Benefit You

Tue, 2015-07-14 00:00

Many businesses at one time or another may have cash flow challenges. One popular option to obtain short term funding is to secure a revolving line of credit.  This not only helps with basic day...

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Congress Advances the Emerging & Diverse Manager Discussion with Investors, Private Sector Players and Federal Pension Plan Chief Investment Officers

Tue, 2015-07-14 00:00

Last week, Congressman Gregory W. Meeks (NY-5), Congresswoman Maxine Waters (D-CA), Senator Cory Booker (D-NJ) and Senator Elizabeth Warren (D-MA) met and held a  conversation about the importance...

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Asked and Answered: Conner’s Recovery Story

Mon, 2015-07-13 12:45

Today, the President commuted the sentences of 46 prisoners convicted of non-violent crimes many years — or even decades — ago. The message, at its heart, is clear: America is a nation of second chances, and these are Americans who deserve that second chance.
That’s incredibly personal for me.
Despite the fact that nearly every family and community in America is affected by substance use disorders, those fighting to overcome this disease are too often hidden in the shadows of shame or stigma. As a result, many do not get the treatment they need.

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President Obama Announces 46 Commutations in Video Address: "America Is a Nation of Second Chances"

Mon, 2015-07-13 12:35

As a former Assistant U.S. Attorney and criminal defense attorney, I'm well acquainted with how federal sentencing practices can, in too many instances, lead nonviolent drug offenders to spend decades, if not life, in prison. Now, don't get me wrong, many people are justly punished for causing harm and perpetuating violence in our communities. But, in some cases, the punishment required by law far exceeded the offense.

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Weekly Address: Making Our Communities Stronger Through Fair Housing

Sat, 2015-07-11 06:00

President Barack Obama tapes the Weekly Address in the Roosevelt Room of the White House, July 10, 2015.

(Official White House Photo by Amanda Lucidon)

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Tune in on July 13 to Join a National Conversation on Aging in America

Fri, 2015-07-10 16:43

2015 marks the 50th anniversary of Medicare, Medicaid, and the Older Americans Act, as well as the 80th anniversary of Social Security. On July 13, President Obama will host the 2015 White House Conference on Aging. It will be an opportunity to recognize the importance of these landmark programs, while looking ahead to address the issues that will improve the quality of life for older Americans for the next decade. 

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U.S. Secretary of Commerce Penny Pritzker Visits Innovation Center in Silicon Valley

Fri, 2015-07-10 15:55

Earlier this week, U.S. Secretary of Commerce Penny Pritzker visited Flextronics’ Global Innovation Center in Silicon Valley to observe some of the nation’s most cutting-edge technology firsthand, and learn how the Department of Commerce can best tailor its resources to support innovation.

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White House Supply Chain Innovation Roundtable Brings Together Manufacturers Committed to Strengthening Small Manufacturers in Domestic Supply Chains

Fri, 2015-07-10 15:04

On July 9, I attended a gathering of two dozen manufacturing executives to discuss ways to improve the competitiveness of America’s supply chains.  This exciting event is part of the White House Supply Chain Innovation Initiative that the President announced in March.
The initiative is in part based on a report and 50 interviews we in the Commerce Department’s Office of the Chief Economist did in cooperation with the White House.

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President Obama Designates 3 New National Monuments, Protecting More than 1 Million Acres of Public Land

Fri, 2015-07-10 14:36

President Barack Obama signs National Monument designations in the Oval Office, July 10, 2015. The three new monuments include Berryessa Snow Mountain in California, Waco Mammoth in Texas, and the Basin and Range in Nevada. Standing behing the President, from left, are: Victor Knox, National Park Service, April Slayton, National Park Service, Interior Secretary Sally Jewell, Chief Tom Tidwell, Randy Moore, Forest Service, and Director Neil Kornze.

(Official White House Photo by Amanda Lucidon)

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