

Gina Raimondo is working weekends to protect her Commerce legacy
11 snips Nov 20, 2024
Gina Raimondo, the Secretary of Commerce under President Biden, has transformed the department into a powerhouse focused on national security and high-tech initiatives. She discusses her urgent plans for microchip subsidies and participation in a global AI safety summit. Raimondo highlights the significance of the CHIPS Act in bolstering domestic production against China. With just two months left in her term, she shares insights on bipartisan legislative efforts and the importance of adapting to potential political shifts.
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Commerce Dept's National Security Shift
- The Commerce Department has shifted to a national security focus centered on technology like semiconductors and AI.
- This marks a significant expansion from its traditional trade and export promotion roles.
Raimondo's Weekend Chip Push
- Gina Raimondo personally made calls to chip companies on weekends to finalize billions in subsidies.
- She aims to disburse all CHIPS Act funds before her tenure ends in January.
AI Safety as Global Priority
- AI is the defining technology of our generation requiring global safety standards.
- The US leads AI innovation and must lead in establishing safety guardrails internationally.