Exclusive: U.S. should take a chunk of universities' patent revenue, Lutnick says
Commerce Department proposes requiring universities to give the federal government a share of profits from patents arising from taxpayer-funded research, potentially half the benefits.
Trump to raise steel and aluminium tariffs on hundreds of goods
The United States Commerce Department will impose new tariffs on over 400 products, including wind turbines, mobile cranes, and automotive parts, effective immediately.
Reconciliation text includes $500 million for modernization and AI at Commerce
The House Energy and Commerce Committee's 2025 budget reconciliation bill allocates $500 million for IT modernization and AI efforts, crucial as states grapple with regulations.