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United States Department of Commerce — news, coverage & facts — IJR

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United States Department of Commerce

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United States Department of Commerce

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Photo: Independent Journal Review
Reporting
Chris Van Hollen, Chris Coons Press Howard Lutnick About New Epstein Files Revelations
Democratic Sens. Chris Van Hollen of Maryland and Chris Coons of Delaware pressed Commerce Secretary Howard Lutnick on Tuesday about his past interactions with sex trafficker Jeffrey Epstein. Files recently released by…
1 source
Photo: Independent Journal Review
Reporting
Lutnick Acknowledges Epstein Island Visit as Lawmakers Press for Answers

Facts from Wikidata (CC0).

A tense Senate hearing this week forced Commerce Secretary Howard Lutnick to clarify his past contacts with Jeffrey Epstein, including a previously undisclosed visit to the disgraced financier’s private island…

1 source

Photo: Independent Journal Review

US Reveals Concern That China Now Has Top Chip Making Tools

The Trump administration is reportedly concerned that a cutting-edge European chipmaking tool may have ended up in Beijing’s hands. Commerce Secretary Howard Lutnick told semiconductor company ASML in a recent meeting…

Photo: Independent Journal Review

Trump Sons, Lutnick Family Linked to Major Kazakhstan Mining Investment, Report Says

A new report is raising questions about business interests connected to President Donald Trump and Commerce Secretary Howard Lutnick after companies tied to their families became involved in a $1.6 billion mining…

Kakao, Toss, Circle Explore Stablecoin Infrastructure

South Korea's Kakao Group and Toss (Toss Bank) have signed MOUs with Circle Internet Group to develop digital asset infrastructure and KRW-based stablecoins, aiming to connect Circle's global payment networks with Kakao's platform and Toss's fintech ecosystem. The collaborations seek opportunities across stablecoins, tokenized financial services, biometric payments, and interoperable settlement, aligning with evolving domestic regulation.

AFX Bridge Hack on Arbitrum Drains $24.15M

Multiple cross-chain bridge exploits hit the AFX Protocol and Verus Protocol, draining about $24.15 million from AFX's bridge and $7.5 million from Verus, highlighting ongoing risks in cross-chain infrastructure on Arbitrum. Officials confirm the Arbitrum native bridge was not compromised; the breach originated from a third-party protocol, with attackers moving funds to Ethereum and converting to ETH, as investigators from Blockaid and the Arbitrum team pursue answers.

The United States Department of Commerce (DOC) is an executive department of the U.S. federal government. It is responsible for gathering data for business and governmental decision making, establishing industrial standards, catalyzing economic development, promoting foreign direct investment, and safeguarding national economic security.

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