
Senate confirms Dabbar as Commerce Department deputy secretary
1 of 3 | Paul Dabbar testifies at his confirmation hearing as the deputy secretary of Commerce with the Senate Commerce, Science and Transportation committee in the Russell Senate office building in Washington, D.C., on May 1. File Photo by Annabelle Gordon/UPI | License Photo
June 25 (UPI) -- The Senate on Wednesday voted 56-40 to confirm Paul Dabbar as the deputy secretary of the Commerce Department.
Dabbar will serve as the Commerce Department's chief operating officer and oversee its $11.4 billion annual budget across its 12 units and the department's 47,000 employees.
Science and technology are "fundamental to shaping our nation's future," Dabbar said.
"As a scientist, I'm eager to work alongside the dedicated teams and partners across the department to accelerate research and drive innovation," he added.
The Senate confirmation also makes Dabbar a member of the President's Management Council.
"Paul brings a unique science-backed mindset and deep understanding of how the government and industry can work together to push the boundaries of American innovation and technology," Commerce Secretary Howard Lutnick said.
"His leadership will be critical in advancing cutting-edge research and technology," Lutnick added.
Dabbar was the president and chief executive officer of Bohr Quantum Technology prior to his Senate confirmation.
He led the development and deployment of emerging quantum network technologies while at Bohr.
During President Donald Trump's first administration, Dabbar was the science under secretary at the Department of Energy and led energy research, technologies and science initiatives.
He also managed and led most of the U.S. national labs, including those involving nuclear energy, advanced computing, quantum technologies, fusion and physics.
Dabbar also was a managing director at J.P. Morgan, where he spearheaded more than $400 billion in global energy sector investments.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


UPI
37 minutes ago
- UPI
Trump, White House hit back at leaked Iran nuclear facilities report
U.S. President Donald Trump (C) attends the 2025 NATO Summit in The Hague, Netherlands, on Wednesday, June 25, 2025. Photo by NATO/UPI | License Photo June 26 (UPI) -- President Donald Trump and his administration have come out in force to support his claim that last weekend's bombing completely destroyed Iranian nuclear facilities after a leaked preliminary U.S. intelligence report found the attack only set back the Islamic regime's nuclear program by months. During a NATO summit press conference in The Hague on Wednesday, Trump lashed out at news organizations that reported the leaked classified Defense Intelligence Agency initial assessment, leaked Tuesday, saying the reports "maligned" the pilots of the B-2 bombers that bombed three Iranian nuclear facilities Saturday night. "It was so bad they ended the war," Trump said. "Somebody said in a certain way, you know, that it was so devastating, actually, if you look at Hiroshima, if you look at Nagasaki, you know, that ended a war, too, this ended a war in a different way, but it was so devastating." Trump quoted a statement purportedly from the International Atomic Energy Agency that stated: "We assess that the American strikes on Iran's nuclear facilities, combined with Israeli strikes on other elements of Iran's military nuclear program, has set back Iran's ability to develop nuclear weapons by many years." The White House also released the quote on its website along with comments from Trump, Vice President JD Vance, Israeli officials and others commenting on the status of Iran's nuclear facilities. UPI has contacted the IAEA for confirmation. U.S. B-2 bombers attacked three Iranian nuclear facilities on Saturday night, including the underground Fordo site that was said could only be hit by U.S. bunker-buster bombs. Following the attack, Trump said the sites were "obliterated" -- an assessment undercut by a leaked Defense Intelligence Agency assessment reported by CNN and The New York Times, that found core components of Iran's nuclear program remained intact and that the attack only set back the Islamic regime's nuclear program by a matter of months. Secretary of Defense Pete Hegseth, during the same press conference, lambasted the news agencies for their reporting while describing the leaked document as having been a low-assessment report, meaning there was low-confidence in the data in the report. "And why is there low confidence? Because all of the evidence of what was just bombed by 12 30,000 pound bombs is buried under a mountain, devastated and obliterated," an irate Hegseth said. "So, if you want to make an assessment of what happened at Fordo, you better get a big shovel." CIA Director John Ratcliffe on Wednesday also released a statement on the attack, saying, "CIA can confirm that a body of credible intelligence indicates Iran's Nuclear Program has been severely damaged by the recent, targeted attacks." Director of National Intelligence Tulsi Gabbard similarly released a statement on X, stating, "New intelligence confirms what @POTUS has stated numerous times: Iran's nuclear facilities have been destroyed. "If the Iranian chose to rebuild, they would have to rebuild all three facilities (Natanz, Fordow, Esfahan) entirely, which would likely take years to do," she said. The United States inserted itself in the Israel-Iran war, which began June 13, when Israel launched a surprise attack on Iranian military and nuclear facilities. Iran responded by attacking Israel. Following the U.S. bombing, Iran attacked a U.S. base in Qatar, after which Iran and Israel agreed to a fragile cease-fire, which Trump claims was brought about by his decision to attack Iran. The IAEA on Tuesday issued a statement saying "we have seen extensive damage at several nuclear sites in Iran." "Regarding the additional strikes to Fordow ... the IAEA assesses that access roads close to the underground facility and one of its entrances were hit." On his Truth Social media platform, Trump on Wednesday said Hegseth is scheduled to hold an 8 a.m. EST press conference at the Pentagon "in order to fight for the Dignity of our Great American Pilots," whom he claimed were very upset about the reporting of the leaked assessment. "The News Conference will prove both interesting and irrefutable," he said "Enjoy!"


Time Business News
an hour ago
- Time Business News
Anshoo Sethi's Vision Was Real: A Missed Opportunity
By PostSphere In the landscape of American entrepreneurship, vision is often a double-edged sword — celebrated when it succeeds, scrutinized when it stumbles. For Anshoo Sethi, a young entrepreneur from Chicago, that vision was nothing short of revolutionary: a first-of-its-kind zero-carbon hotel and convention center near O'Hare International Airport. At just 29 years old, Sethi proposed a sustainable infrastructure project promising tens of thousands of jobs and billions in long-term economic impact. But instead of receiving the support it deserved, the project was derailed by a federal investigation — not because investors raised red flags, but because a competitor in the EB-5 industry filed a whistleblower complaint to the SEC, falsely alleging the project was a sham. That competitor — who never invested in or supported the project — was awarded a $15 million payout from the federal government, despite presenting a distorted, incomplete version of the truth. A Real Project, Backed by Real Institutions What the public never fully learned is that this was not an idea on paper — it was a well-structured, institutionally backed development with real traction. Sethi was in active, weekly communication with Loop Capital, a prominent investment banking firm, which had agreed to underwrite the project's state-issued green bonds. Loop Capital not only engaged in ongoing discussions with the Illinois Finance Authority (IFA) on the project's financial structuring — they also issued a formal Letter of Interest (LOI) affirming their support and intent. Simultaneously, the City of Chicago had placed Sethi's project on its official agenda for a vote on valuable tax incentives — a vote that was scheduled to occur the same week the SEC issued its freeze order. Had the process not been interrupted, the tax package would have strengthened the economic viability of the project even further. Sethi had also assembled a team of legal and lobbying professionals experienced in state bond financing and large-scale tax incentives — further confirming the seriousness of the proposal. State-Level Endorsements and National-Level Impact The strength of the project's public credibility extended beyond the city. During a foreign delegation trip to Beijing, the Governor of Illinois met with Chinese EB-5 brokers and spoke openly in support of the project — only after his own staff conducted due diligence and verified the project's viability. According to state economic analysts, the project was expected to create over 15,000 direct and indirect jobs during construction alone, with long-term tax revenue from new convention activity far exceeding projections. The project's zero-carbon emission design was poised to attract large-scale events that had previously passed over Chicago due to outdated facilities. International Due Diligence and Broker Confidence More than once, Chinese EB-5 brokers flew to Chicago to assess the project. They met directly with: · The Vice Mayor of Chicago · Loop Capital's senior leadership · The project's hotel feasibility expert · And Sethi's full U.S.-based development team These brokers, after conducting independent due diligence, confirmed their confidence in the project's feasibility and long-term stability. Only then did they begin marketing to investors — many of whom received clear documentation on the project's structure and progress. The Filing Error That Undid Everything Yet despite all of this, a compliance error by Sethi's EB-5 attorneys set off a devastating chain of events. His legal team submitted expired hotel franchise agreements to USCIS without clarifying that the brands remained actively engaged and were waiting for project timing to finalize re-signing. That filing error — combined with the whistleblower's opportunistic complaint — led to the SEC's asset freeze. It would later be proven in court that these same EB-5 attorneys had a conflict of interest. They misrepresented key facts to USCIS, even though they knew the project's full timeline and status. Their intent? To sabotage the development and redirect investor interest into their own competing EB-5 offerings — a fact ultimately acknowledged in litigation. The Fallout While the legal process played out, the facts became clearer: · The judge acknowledged the project was real · Investors were refunded or offered rollovers · The only people who lost money were Anshoo Sethi and his family, who had personally funded early development costs and legal infrastructure Still, the media ran with a different narrative. And a green, job-creating infrastructure project — one with real city and state support — was left to die under the weight of false accusations and procedural breakdowns. Before sentencing, the federal probation officer assigned to the case conducted a thorough review of all available evidence, documentation, and interviews. Her final report made clear that there was no intent to defraud and recommended zero jail time. Although the court rules did not permit that recommendation, she urged the judge in her report to consider the minimum possible sentence — which ultimately resulted in just a three-month term in her report, far below the standard for white-collar prosecutions. What Could Have Been Had the filings been accurate, had the government sought clarity before action, and had the media waited for facts instead of speculation, the outcome might have been drastically different. Jobs could have been created. A sustainable landmark could have risen in Chicago. And Anshoo Sethi might have been known not for headlines — but for leadership. Instead, his vision was punished — not for being untrue, but for being ahead of its time, and vulnerable to sabotage by those who saw opportunity in its downfall. TIME BUSINESS NEWS


Hamilton Spectator
an hour ago
- Hamilton Spectator
Trump's latest rejection of intelligence assessments reflects a long distrust of spy agencies
WASHINGTON (AP) — President Donald Trump's fights with the intelligence community were a running theme of his first term, as he raged against an investigation into his campaign's alleged links to Russia. Now, a sequel is playing out as Trump battles to shape the public's understanding of his foreign policy gamble in Iran. An early U.S. intelligence assessment said Iran's nuclear program has been set back only a few months after American strikes on three sites last weekend. Trump has rejected the report and pronounced the program 'completely and fully obliterated.' The dispute is unlikely to fade anytime soon. Top administration officials are pressing Trump's case, with a news conference set for Thursday at the Pentagon. Briefings also are scheduled for lawmakers on Capitol Hill, though the White House plans to limit the sharing of classified information after the initial intelligence assessment leaked this week. 'Intelligence people strive to live in a world as it is, describe the world as it is, where politicians are all about describing the world as they want it to be,' said Larry Pfeiffer, a 32-year intelligence veteran who held positions including CIA chief of staff and senior director of the White House Situation Room. Though it's hardly unheard of for presidents to bristle at what they perceive as bad news from the intelligence community, it's rare for the conflict to spill into public view as it did this week. 'I don't think we've seen another president push back as strong as this guy has,' Pfeiffer said. Trump has a history of distrusting spy services Trump's suspicion of the intelligence community , particularly when its assessments do not align with his worldview, dates back to even before his first term. His 2016 campaign was shadowed by an investigation into whether his team had coordinated with Russia to sway the outcome of the election. He was so infuriated by the scrutiny over a dossier of unverified and salacious claims connecting him to Russia that, one week before he was sworn in, he tweeted: 'Intelligence agencies should never have allowed this fake news to 'leak' into the public. One last shot at me. Are we living in Nazi Germany?' Trump disputed the assessment that Russia had interfered in the election on his behalf, decrying as a 'hoax' and a 'witch hunt' an investigation by special counsel Robert Mueller , which ultimately concluded the Trump campaign had welcomed Moscow's help but did not find sufficient evidence of a criminal conspiracy. Trump also openly challenged the judgment of his intelligence agencies alongside Russian President Vladimir Putin at a Helsinki summit in 2018. 'I have great confidence in my intelligence people, but I will tell you that President Putin was extremely strong and powerful in his denial today,' Trump said. 'He just said it's not Russia. I will say this: I don't see any reason why it would be.' Such public protestation takes its toll on an intelligence community that historically has endeavored to produce data-driven and apolitical judgments, said Frank Montoya Jr., a former FBI supervisor who served as director of the National Counterintelligence and Security Center. 'It's really demoralizing because nobody is looking at this stuff from a political perspective. They're looking at the data and they're analyzing the data,' he said. 'When you get this kind of unfounded criticism, especially from the policymaker in chief, it just destroys morale.' Tensions with the intelligence community persist Trump tapped loyalists to lead America's intelligence services in his second term — Tulsi Gabbard as director of national intelligence and John Ratcliffe as CIA director. They promised to end what they said was the weaponization of intelligence and root out disloyal officers. But there have already been conflicts. Last month, the National Intelligence Council declassified a memo in response to an open records request that said American spy agencies found no coordination between the Venezuelan government and the Tren de Aragua gang, contradicting statements the Trump administration used to justify invoking the Alien Enemies Act and deporting Venezuelan immigrants . Gabbard later fired the two veteran intelligence officers who led the council because of their perceived opposition to Trump. More trouble came after the war between Israel and Iran began nearly two weeks ago. Trump dismissed Gabbard's testimony to Congress in March that U.S. spy agencies did not believe Iran was actively pursuing a nuclear weapon. Trump insisted Iran was very close. 'I don't care what she said,' he told reporters last week. Gabbard later accused the news media of mischaracterizing her testimony, noting that she had mentioned Iran's large stockpile of enriched uranium that goes beyond levels needed for civilian uses. Iran maintains that its nuclear program was peaceful, though the head of the International Atomic Energy Agency has repeatedly warned that Tehran has enough highly enriched uranium to make several nuclear bombs if it chooses. A preliminary report from the Defense Intelligence Agency that emerged this week said that while the U.S. strikes on Iranian nuclear facilities did significant damage , the facilities were not totally destroyed and the program was only set back by a few months. The White House called the assessment 'flat-out wrong.' The DIA said the initial findings will be refined as new information becomes available. Given Trump's skeptical view of intelligence officials, Pfeiffer said, 'his initial instinct is to assume that if the intelligence community is telling him something different than he would like it to be, that it's because they're trying to undermine him.' Trump team says there's no conflict Gabbard and Ratcliffe have sought to brush off any perceived conflict between their agencies and Trump. Ratcliffe said Wednesday that new intelligence from a 'historically reliable and accurate' source reveals that U.S. strikes 'destroyed' several of Iran's nuclear facilities that would require years to be rebuilt. 'CIA continues to collect additional reliably sourced information to keep appropriate decision-makers and oversight bodies fully informed,' Ratcliffe said in a statement. 'When possible, we will also provide updates and information to the American public, given the national importance of this matter and in every attempt to provide transparency.' Gabbard noted the DIA assessment was of 'low confidence,' an acknowledgment by its authors that their conclusions could be mistaken. 'The propaganda media has deployed their usual tactic: selectively release portions of illegally leaked classified intelligence assessments,' she wrote on X. Trump narrated his own intelligence assessment while attending the NATO summit in the Netherlands . He mentioned satellite images showing the area around nuclear facilities 'burned black' and said the underground tunnels had 'all collapsed.' He also suggested Israel had sources on the ground in Iran: 'They have guys that go in there after the hit' to evaluate the damage. The White House pointed to an Israel Atomic Energy Commission assessment that the U.S. and Israeli strikes have 'set back Iran's ability to develop nuclear weapons by many years.' Assessing the US strike will take time Intelligence officers routinely craft assessments about global threats and specific incidents — information vital to the decision-making of national security officials and lawmakers. Assessments are regularly updated as new intelligence is produced from sources including field agents, informants, open source material and secret surveillance. The work is secretive to protect the methods and sources of intelligence agencies and to avoid becoming a political football. Former intelligence officials said it's likely to take days, weeks, or even months to form a full picture of the impact of the U.S. strikes on Iran's nuclear capabilities. 'I would call for patience,' said John Negroponte, a former ambassador who served as the first director of national intelligence under President George W. Bush. 'Avoid the temptation to rush to judgment.' ___ Associated Press writer Aamer Madhani contributed to this report. Error! Sorry, there was an error processing your request. There was a problem with the recaptcha. Please try again. You may unsubscribe at any time. By signing up, you agree to our terms of use and privacy policy . This site is protected by reCAPTCHA and the Google privacy policy and terms of service apply. Want more of the latest from us? Sign up for more at our newsletter page .