By Chris Riotta
May 23, 2021
Tucked inside President Joe Biden s cybersecurity executive order is a plan to modernize and streamline federal procurement policy, which experts said lacked critical funding and resources to adequately implement within its ambitious timeframe.
The order in part seeks to overhaul a current patchwork of regulations and guidelines for the private sector and commercial marketplace around federal contractor cybersecurity requirements. This plan will require agencies and contractors to address numerous issues at once under short timeframes, from developing standards for software supply chain security to removing barriers to sharing threat information.
While private sector leaders expressed enthusiasm for improving cybersecurity requirements governmentwide as outlined in the order, they said the new policies may also yield duplicative, burdensome requirements and potential pitfalls in areas like information-sharing.
SK chairman expands presence in biz community during US summit
Posted : 2021-05-24 16:21
Updated : 2021-05-24 16:27
SK Group Chairman Chey Tae-won, right, also chairman of the Korea Chamber of Commerce and Industry (KCCI), shakes hands with U.S. Secretary of Commerce Gina Raimondo during the Korea-U.S. Business Roundtable in Washington, D.C., Friday (local time). Courtesy of KCCI
By Yi Whan-woo
SK Group Chairman Chey Tae-won displayed his presence as an increasingly influential representative of the Korean business community on the occasion of the Korea-U.S. summit last week.
This was his first U.S. trip after he took the helm of the Korea Chamber of Commerce and Industry (KCCI), the country s largest business lobby groups, in March.
Japan and the Western Hemisphere Joint Cooperation to Develop Post-Pandemic Supply Chains
The report serves as a guide for ways public and private sector partners in the Americas and Japan can foster deeper economic and social ties.
Japanese Prime Minister Yoshihide Suga became the first foreign leader to meet in-person with U.S. President Joe Biden at the White House when he traveled to Washington, D.C. in April. Japan’s importance as an ally goes beyond Asia, as increasingly, Japan and the United States are deepening ties with the Americas around the areas of trade and investment, Covid recovery, technological cooperation and democracy promotion.
POLITICO
Industries pressure Washington to act as chip crisis worsens
The Commerce Department held another summit with industry leaders this week as businesses try to get help with the chip shortage.
Commerce Secretary Gina Raimondo has been meeting with executives from the tech, auto and semiconductors sectors this week. | Oliver Contreras-Pool/Getty Images
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Washington’s pledge to pour tens of billions of taxpayer dollars into making more microchips in the U.S. is setting off behind-the-scenes squabbles among industries angling for a slice of the spoils.
Commerce Secretary Gina Raimondo on Thursday convened nearly three dozen executives from many of those sectors, including tech, autos and semiconductors, for a second high-level confab with the Biden administration in just over a month. So many companies wanted to participate they were split into two sessions.