The Bureau of Industry and Security, was described in 2021 by Commerce Secretary Gina Raimondo as a 'small but mighty' agency at the heart of national security.
The Bureau of Industry and Security, part of the Commerce Department, is playing an outsized role in dealing with semiconductor export controls to China.
In 2021, Commerce Secretary Gina Raimondo described BIS as the "small but mighty" agency at the center of federal national security efforts.Commerce Secretary Gina Raimondo testifies before a Senate Appropriations Subcommittee on Commerce, Justice, Science, and Related Agencies hearing on Capitol Hill in Washington, D.C., U.S., February 1, 2022.As reports swirl about potential U.S.
The Bureau of Industry and Security was described by Commerce Secretary Gina Raimondo in 2021 as the "small but mighty" agency at the center of federal national security efforts. That's especially true now, withconsidering stricter controls on the export of powerful artificial intelligence computing chips to the world's second-biggest economy.
The BIS is responsible for implementing the U.S. export control regime, preventing critical high-tech and defense products from getting into the hands of the wrong companies or governments. The decisions made by BIS about who can and can't access U.S. technology can have a major impact on corporate bottom lines.
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