A top official in the administration of former President Donald Trump was untruthful while testifying on adding a citizenship question to the Census, according to documents released July 20 by a top Democrat. Wilbur Ross, the secretary of Commerce during the Trump administration, told a congressional panel in 2018 that the move to place the…

Former Trump administration cabinet member Wilbur Ross filed with the Securities and Exchange Commission (SEC) to form a $345 million special purpose acquisition company (SPAC). Ross, who served as former President Donald Trump’s secretary of Commerce, filed to form the Ross Acquisition Corp II and is seeking to raise $345 million, the filing revealed. Former…

The U.S. Commerce Department on Jan. 14 announced new rules to allow the federal government to block American companies from buying information and communications technology from five foreign adversaries, including China. The new rules were made to implement an executive order (E.O. 13873) that President Donald Trump signed in May 2019 to safeguard U.S. supply…

The United States has named 103 Chinese and Russian companies and entities to a new trade blacklist, banning them from acquiring U.S. technology. The Commerce Department released the new “Military End User” (MEU) list on Dec. 21, alleging that 58 Chinese and 45 Russian entities had ties to the two countries’ military forces. U.S. companies…