Building a fair economy that benefits all citizens of the United States.

Title: Building an Inclusive Economy for All Americans: The Department of Commerce’s Commitment to Equity

On February 20, 2024, the U.S. Department of Commerce reaffirmed its mission to promote economic growth and opportunity for all Americans. In honor of Black History Month, Secretary Gina Raimondo and Deputy Secretary Don Graves participated in various events highlighting the Department’s role in creating an economy where everyone can thrive.

As part of the one-year anniversary of President Biden’s second Executive Order on equity, federal agencies released their 2023 Equity Action Plans at a White House Convening on Equity. These plans include over 100 strategies and actions to address systemic barriers in policies and programs. During a panel discussion on equity, Deputy Secretary Graves unveiled the Department’s updated Equity Action Plan, which focuses on five strategies to remove barriers and promote equal opportunities for all Americans, especially those in underserved communities.

Secretary Raimondo emphasized the administration’s commitment to diversity and equal opportunity in her statement, stating that harnessing the talents and strengths of all Americans is crucial for the country’s success and prosperity. Deputy Secretary Graves echoed this sentiment, emphasizing the Department’s efforts to ensure that all Americans, including women, people of color, and other historically underrepresented groups, can compete and succeed in the global economy.

In addition to the updated Equity Action Plan, Secretary Raimondo also addressed the National Congress of American Indians convention and the League of United Latin American Citizens Legislative Conference. She highlighted the Department’s historic grant programs that are providing resources for economic growth in Tribal and Latino communities. These investments focus on expanding high-speed internet access, developing a diverse and skilled workforce, supporting small businesses, addressing long-term economic distress, and promoting resilience to the effects of climate change.

Thanks to President Biden’s Investing in America agenda, the Department of Commerce is committed to building an inclusive economy where all Americans have the opportunity to reach their full potential. By addressing systemic barriers and promoting diversity and equal opportunity, the Department is working towards a more equitable future for all Americans.  

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