57-502: The Future Generation Art Prize is a biannual global contemporary art prize with the aim to discover, recognize and give long-term support to young artists. The prize was established by the Victor Pinchuk Foundation in 2009. The winner is awarded a total of $ 100,000 (2019), including a cash prize of $ 60,000 and $ 40,000 towards the production of new work. On December 8, 2009, the Victor Pinchuk Foundation announced
114-767: A "third alternative" between "unrestrained capitalism" and socialism, which was becoming increasingly popular in Europe. Hoover sought to foster a balance among labor, capital, and the government, and for this he has been variously labeled a " corporatist " or an associationalist . Hoover demanded, and received, authority to coordinate economic affairs throughout the government. He created many sub-departments and committees, overseeing and regulating everything from manufacturing statistics to air travel. In some instances he "seized" control of responsibilities from other Cabinet departments when he deemed that they were not carrying out their responsibilities well; some began referring to him as
171-420: A $ 40,000 per month retainer. In 2004, Schoen introduced Pinchuk to Hillary Clinton . Between September 2011 and November 2012, Schoen arranged nearly a dozen meetings between Pinchuk and senior State Department officials, including Melanne Verveer . Emails released by Judicial Watch and obtained through FOIA requests showed that Pinchuk had been invited to dine at Hillary Clinton's home during her tenure at
228-675: A businessman, accepted the position. In sharp contrast to the Interior Department, there were no scandals at Commerce. Hoover envisioned the Commerce Department as the hub of the nation's growth and stability. His experience mobilizing the war-time economy convinced him that the federal government could promote efficiency by eliminating waste, increasing production, encouraging the adoption of data-based practices, investing in infrastructure, and conserving natural resources. Contemporaries described Hoover's approach as
285-623: A doctorate in industrial engineering. In 1990, he founded the Interpipe Company on the basis of his patented innovations, which were adopted by leading metallurgical factories in the USSR. Interpipe is a major producer of seamless pipes and railway wheels. In 2004, Pinchuk and Rinat Akhmetov , two of Ukraine's richest men, acquired the Kryvorizhstal steel factory for about $ 800 million. Then-President Leonid Kuchma , who
342-878: A son. Pinchuk spent more than $ 6 million on his 50th birthday party in Courchevel , flying in Cirque du Soleil and chef Alain Ducasse . Forbes ranked him No. 1,250 on the list of the wealthiest people in the world in 2016, with a fortune of US$ 1.44 billion. Pinchuk was listed as one of the "2010 Time 100 – The World's Most Influential People" in Time Magazine . He was ranked No. 38 on ArtReview magazine's 2013 Power 100 ranking of people in contemporary art. Pinchuk has supported philanthropic projects in Ukraine. In 2006, he consolidated these activities under
399-664: A year in 2016), the PinchukArtCentre holds an exhibition of artists under 35 from around the globe and awards a grand prize. Alongside the central exhibition held at the PinhukArtCentre, the show travels to Venice, Italy as an official collateral event of the Venice Biennale . Victor Pinchuk Foundation Victor Mykhailovych Pinchuk ( Ukrainian : Віктор Михайлович Пінчук , romanized : Viktor Mykhailovych Pinchuk ; born 14 December 1960)
456-491: Is Pinchuk's father-in-law, authorized the state asset sale, which competitors complained was far below market rate. Later, the first Tymoshenko government reversed this sale, and held a nationally televised repeat auction that netted $ 4.8 billion. In 2006, Pinchuk founded an investment advisory company, EastOne. Its portfolio includes industrial assets such as production of pipes and tubes, rail car wheels, specialty steels and alloys, machinery, as well as media . Pinchuk
513-480: Is a Ukrainian businessman and oligarch . As of January 2016, Forbes magazine ranked him as 1,250th on the list of wealthiest people in the world, with a fortune of US$ 1.44 billion. Pinchuk is the founder of EastOne Group LLC, an international investing, project funding and financial advisory company based in London, and of Interpipe Group , one of Ukraine's leading pipe, wheel and steel producers. Pinchuk
570-648: Is the owner of four TV channels and a popular tabloid, Fakty i Kommentarii . He has been a member of the Ukrainian parliament, the Verkhovna Rada , for two consecutive terms from 1998 to 2006. He is married to Olena Pinchuk , the daughter of former Ukrainian President Leonid Kuchma . Pinchuk was born in 1960 in Kyiv to Jewish parents who moved to the industrial city of Dnipropetrovsk . in 1987, he graduated from Dnipropetrovsk Metallurgical Institute with
627-745: Is to promote job and economic growth , encourage economic development and block harmful trade practices of other nations. It is headed by the Secretary of Commerce , who reports directly to the President of the United States , and is a member of the President's Cabinet . The Department of Commerce is headquartered in the Herbert C. Hoover Building in Washington, D.C. The department
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#1732771915101684-694: The Department of Education and Department of Energy . Perry's campaign cited the frequency with which agencies had historically been moved into and out of the department and its lack of a coherent focus, and advocated moving its vital programs into other departments such as the Department of the Interior , Department of Labor , and Department of the Treasury . The Economic Development Administration would be completely eliminated. On January 13, 2012, President Barack Obama announced his intentions to ask
741-717: The National Institute of Standards and Technology ; a statistical division including the United States Census Bureau and other data-collection agencies currently in the Commerce Department, and also the Bureau of Labor Statistics which would be transferred from the Department of Labor; a trade and investment policy office; and a small business development office. The National Oceanic and Atmospheric Administration (NOAA) would be transferred from
798-713: The Paul McCartney free concert on Independence Square in Kyiv in front of 500,000 people. As an initiative of the Pinchuk Art Center , in December 2009, Pinchuk announced a new $ 100,000 prize for artists under the age of 35. The Future Generation Art Prize is awarded every two years and is open to any young artist who applies online. Damien Hirst , Takashi Murakami , Andreas Gursky and Jeff Koons , artists whose work Pinchuk collects, serve as mentors to
855-799: The Peterson Institute for International Economics , the Israeli Presidential Conference "Facing Tomorrow", and the legal clinics/legal aid projects of the Renaissance Foundation. Its projects include giving $ 150,000 to the Trump Foundation as speaking fee in 2015, the creation of a network of modern neonatal centres throughout Ukraine ("Cradles of Hope"), cooperation programs with the Clinton Global Initiative ,
912-581: The Radio Act of 1927 , which allowed the government to intervene and abolish radio stations that were deemed "non-useful" to the public. Hoover's attempts at regulating radio were not supported by all congressmen, and he received much opposition from the Senate and from radio station owners. Hoover was also influential in the early development of air travel, and he sought to create a thriving private industry boosted by indirect government subsidies. He encouraged
969-561: The Russo-Ukrainian War . This was through the sale of a Jeff Koons sculpture . United States Department of Commerce The United States Department of Commerce ( DOC ) is an executive department of the U.S. federal government concerned with promoting the conditions for economic growth and opportunity. Among its tasks are gathering economic and demographic data for business and government decision making and helping to set industrial standards. Its main purpose
1026-555: The Small Business Administration , which are all currently independent agencies . The Obama administration projected that the reorganization would save $ 3 billion and would help the administration's goal of doubling U.S. exports in five years. The new agency would be organized around four "pillars": a technology and innovation office including the United States Patent and Trademark Office and
1083-427: The estate tax . When Hoover joined the department, almost no families had radios; when he became president in 1929, 10 million owned one, and most of the rest listened in a nearby home, store or restaurant. Hoover's department set the policies that shaped the entire new industry. Hoover's radio conferences played a key role in the organization, development, and regulation of radio broadcasting. Hoover also helped pass
1140-497: The "Secretary of Commerce and Under-Secretary of all other departments". In response to the Depression of 1920–21 , he convinced Harding to assemble a presidential commission on unemployment, which encouraged local governments to engage in countercyclical infrastructure spending. He endorsed much of Mellon's tax reduction program, but favored a more progressive tax system and opposed the treasury secretary's efforts to eliminate
1197-516: The Commerce Department a clearinghouse of information. He recruited numerous academics from various fields and tasked them with publishing reports on different aspects of the economy, including steel production and films. To eliminate waste, he encouraged the standardization of products like automobile tires and baby bottle nipples. Other efforts at eliminating waste included reducing labor losses from trade disputes and seasonal fluctuations, reducing industrial losses from accident and injury, and reducing
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#17327719151011254-437: The Department of Commerce into the Department of the Interior. Later that year, shortly before the 2012 presidential election, Obama invoked the idea of a "secretary of business" in reference to the plan. The reorganization was part of a larger proposal which would grant the president the authority to propose mergers of federal agencies, which would then be subject to an up-or-down Congressional vote. This ability had existed from
1311-842: The Elton John AIDS Foundation and the ANTIAIDS Foundation of his wife Olena Pinchuk, the creation of the Kyiv School of Economics , a cooperation with the Aspen Institute, the opening of the first large scale contemporary art centre in Ukraine PinchukArtCentre , the production and promotion of a film with Steven Spielberg on the Holocaust in Ukraine, and support of local Jewish communities. In June 2009, Pinchuk organized
1368-650: The Global Business Coalition against HIV/AIDS, TB and Malaria. Pinchuk holds a share of VS Energy International Ukraine together with Mikhail Spektor and Igor Kolomoisky . In 2013, American steel makers filed a case with the United States Department of Commerce alleging that Interpipe Group was illegally dumping steel tubes into the American natural gas market. In November 2013, Fitch Ratings downgraded Interpipe because of
1425-873: The Great Depression until the Reagan presidency, when Congress rescinded the authority. The Obama administration plan faced criticism for some of its elements. Some Congress members expressed concern that the Office of the United States Trade Representative would lose focus if it were included in a larger bureaucracy, especially given its status as an "honest broker" between other agencies, which tend to advocate for specific points of view. The overall plan has also been criticized as an attempt to create an agency similar to Japan's powerful Ministry of International Trade and Industry , which
1482-680: The Home Modernizing Bureau. He worked with bankers and the savings and loan industry to promote the new long-term home mortgage, which dramatically stimulated home construction. Other accomplishments included winning the agreement of U.S. Steel to adopt an eight-hour workday, and the fostering of the Colorado River Compact , a water rights compact among Southwestern states. The department has always been involved in promoting international non-financial business. It stations commercial attachés at embassies around
1539-525: The National Conference on Street and Highway Safety. Hoover's chief objective was to address the growing casualty toll of traffic accidents, but the scope of the conferences grew and soon embraced motor vehicle standards, rules of the road, and urban traffic control. He left the invited interest groups to negotiate agreements among themselves, which were then presented for adoption by states and localities. Because automotive trade associations were
1596-625: The State department, despite her spokesman's previous denial that they had met during that time. In March 2017, former Trump aid Monica Crowley registered as a foreign agent for Pinchuk. In November 2014 in Kyiv, Pinchuk was presented with the 2014 Metropolitan Andrey Sheptytsky Award for his work in fostering Ukrainian-Jewish relations. In June 2022 Pinchuk and his wife donated over £10 million to charity to support Ukrainian soldiers and civilians needing prosthetics, medical treatment, rehabilitation and other humanitarian aid for Ukrainians in
1653-871: The United States Congress for the power to close the department and replace it with a new cabinet-level agency focused on trade and exports. The new agency would include the Office of the United States Trade Representative , currently part of the Executive Office of the President , as well as the Export-Import Bank of the United States , the Overseas Private Investment Corporation , the United States Trade and Development Agency , and
1710-506: The Victor Pinchuk Foundation, as of 2013 considered the largest private Ukrainian philanthropic foundation. The foundation is active in the fields of health, education, culture, international affairs, human rights and local communities. The foundation's projects include the largest private scholarship program in Ukraine "Zavtra.UA", the scholarship program for Ukrainian students studying abroad "WorldWideStudies", and
1767-505: The administration of President Donald Trump , the policy has been to restrict high-technology flows to China. From 1949 to 1994, the department worked with the 17-nation Coordinating Committee on Multilateral Export Controls, which restricted technological flows to the Soviet Union and other communist nations. Since 1980, the Commerce Department works to neutralize the dumping of exports or the subsidies of overseas production. Along with
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1824-600: The amount of crude oil spilled during extraction and shipping. He promoted international trade by opening overseas offices to advise businessmen. Hoover was especially eager to promote Hollywood films overseas. His "Own Your Own Home" campaign was a collaboration to promote ownership of single-family dwellings, with groups such as the Better Houses in America movement, the Architects' Small House Service Bureau, and
1881-596: The annual "Ukrainian Lunch" and "Philanthropic Roundtable" on the occasion of the World Economic Forum in Davos. The foundation supports and works with a variety of partners, including the network "Yalta European Strategy" created to promote Ukraine's European integration, the Clinton Global Initiative , the Kyiv School of Economics , Tony Blair Faith Foundation , the Brookings Institution ,
1938-455: The best organized, many of the positions taken by the conferences reflected their interests. The conferences issued a model Uniform Vehicle Code for adoption by the states, and a Model Municipal Traffic Ordinance for adoption by cities. Both were widely influential, promoting greater uniformity between jurisdictions and tending to promote the automobile's priority in city streets. With the goal of encouraging wise business investments, Hoover made
1995-521: The conference at Livadia Palace , with Bill Clinton in attendance. Stefan Fule , Paul Krugman , Alexei Kudrin , Shimon Peres , Dominique Strauss-Kahn , Larry Summers and other political and business leaders have attended. In September 2015, Pinchuk donated $ 150,000 to the Donald J. Trump Foundation in exchange for a 20-minute video appearance by Donald Trump shown at the conference that year in Kyiv. Michael Cohen solicited Douglas Schoen for
2052-434: The development of emergency landing fields, required all runways to be equipped with lights and radio beams, and encouraged farmers to make use of planes for crop dusting . He also established the federal government's power to inspect planes and license pilots, setting a precedent for the later Federal Aviation Administration . As Commerce Secretary, Hoover hosted national conferences on street traffic collectively known as
2109-706: The donation from Pinchuk, which was the largest outside donation the Trump Foundation received that year. In 2015, Pinchuk promoted closer ties between Ukraine and the EU. He was an active participant in the World Economic Forum at Davos. In December 2016, Viktor Pinchuk published an article in the Wall Street Journal "Ukraine Must Make Painful Compromises for Peace With Russia", in which he suggested that Ukraine temporarily abandon
2166-412: The dumping accusations and a missed $ 106 million debt payment. On 4 March 2015, at the hearing on Special Control Commission of Privatization in the Verkhovna Rada of Ukraine , oligarch Igor Kolomoisky accused Viktor Pinchuk of receiving a bribe of $ 5 million a month for the rights to manage Ukrnafta , 50 + 1% of which is owned by the state-owned company Naftogaz of Ukraine . According to Kolomoisky,
2223-596: The establishment of the Future Generation Art Prize, a new large-scale international competition for artists up to 35 years old, with the PinchukArtCentre acting as the organizer. On June 29, 2010, seven members of the Selection Committee featuring competent and global art-professionals, selected 20 artists from more than 6,000 applications coming from 125 countries and divided over all continents. Every two years (with an edition skipping
2280-496: The export controls, this work continues to generate friction with other nations. On July 20, 2020, the commerce department announced adding eleven Chinese firms to an export blacklist for committing human rights abuse against Uyghur Muslims and other ethnic minorities in Xinjiang by conducting genetic analysis on them. Two of the firms sanctioned were subsidiaries of BGI Group, a Chinese genetic sequencing, and biomedical firm. In
2337-573: The finalists and the winner. In February 2013, Pinchuk committed to giving half or more of his fortune during his lifetime and beyond to philanthropic causes, joining the Giving Pledge , a philanthropic initiative founded in 2010 by Bill Gates and Warren Buffett . Pinchuk has donated from $ 10 to $ 25 million to the Clinton Foundation between 1994 and 2005. In 2000, Pinchuk hired former Clinton pollster Douglas Schoen on
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2394-503: The investigation, the amount of the bribe to Viktor Pinchuk from 2003 to 2006 was allegedly $ 110 million. In December 2015, Pinchuk brought a $ 2 billion civil action against fellow oligarch Ihor Kolomoyskyi and Gennadiy Bogolyubov in the High Court of Justice in London over the 2004 purchase of a Ukrainian mining company. Allegations made include murder and bribery. In January 2016, an undisclosed out of court settlement
2451-473: The money was transferred to offshore companies, the "ultimate owners of which were identified" as Victor Pinchuk and Leonid Kuchma. "We paid this money, and besides that, we paid dividends to the state, all taxes and everything else. But for the right to receive our dividends, we were forced to pay another 5 million from our dividends to Pinchuk", - said Kolomoisky. On 18 March 2015, National Anti-Corruption Bureau opened criminal proceedings. According to
2508-432: The most active secretary in the history of the department until the end of his position in 1928. After his election as president in 1920, Warren G. Harding rewarded Hoover for his support, offering to appoint him as either Secretary of the Interior or Secretary of Commerce . Secretary of Commerce was considered a minor Cabinet post, with limited and vaguely defined responsibilities, but Hoover, emphasizing his identity as
2565-677: The prospect of EU membership, exclude NATO membership and make a compromise with Russia on the Crimea peninsula on purpose the achieving peace in Eastern Ukraine. The article drew criticism from Ukrainian political authorities of Ukraine. Then-President Petro Poroshenko canceled a visit to the Davos Ukrainian Lunch, which took place on January 19, 2017. Former Vice-Prime-Minister for European and Euro-Atlantic Integration of Ukraine Ivanna Klimpush-Tsintsadze said that
2622-612: The same year October, the BGI Group firm was again named in the alleged exploitation of medical samples of patients testing for Covid-19 in Nevada using the 200,000 rapid testing kits donated by the United Arab Emirates under its AI and cloud computing firm, Group 42 . The Emirati firm, also known as G42, has previously been named in the mass surveillance of people via an instant messaging application called ToTok, which
2679-860: The theses of Pinchuk's "peace plan" had already been used by Russian propaganda. Russia's War Crimes House , formerly Russia House, is building 68, Promenade in Davos rented by Pinchuk, where he informs about Ukrainian civilian war deaths. Victor Pinchuk is married to Olena Pinchuk , the daughter of the second president of Ukraine, Leonid Kuchma . Olena Pinchuk runs the ANTIAIDS Foundation , which focuses on prevention and retroviral distribution and AIDS care in Ukraine. She and Pinchuk are friends of singer Elton John and former US President Bill Clinton , whose 65th birthday party Pinchuk attended in Los Angeles. Victor Pinchuk has three daughters and
2736-556: The world. Currently, the key sub-agencies are the International Trade Administration , and the Bureau of Industry and Security . The ITA provides technical expertise to numerous American companies, helping them adjust to foreign specifications. It provides guidance and marketing data as well. The Office of Export Enforcement administers export controls, especially regarding the spread of nuclear technology and highly advanced electronic technology. Under
2793-714: Was a member of the Ukrainian Parliament between 1998 and 2006 for Labour Ukraine . He left politics after he came to the conclusion that Ukraine had reached a level of development when business and politics should be separated. Pinchuk is a member of the Board of the Peterson Institute for International Economics , of the International Advisory Council of Brookings Institution and of the Corporate Advisory Board of
2850-413: Was abolished in 2001 after some of its initiatives failed and it became seen as a hindrance to growth. NOAA's climate and terrestrial operations and fisheries and endangered species programs would be expected to integrate well with agencies already in the Interior Department, such as the United States Geological Survey and the United States Fish and Wildlife Service . However, environmental groups such as
2907-430: Was actually a spy application snooping on user data. The Department of Commerce was authorized a budget for Fiscal Year 2015 of $ 14.6 billion. The budget authorization is broken down as follows: Proposals to reorganize the department go back many decades. The Department of Commerce was one of three departments that Texas governor Rick Perry advocated eliminating during his 2012 presidential campaign , along with
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#17327719151012964-435: Was added to the department after the Federal Works Agency was dismantled. In 1958, the independent Federal Aviation Agency was created and the Civil Aeronautics Authority was abolished. The United States Travel Service was established by the United States Secretary of Commerce on July 1, 1961, pursuant to the International Travel Act of 1961 (75 Stat. 129; 22 U.S.C. 2121 note) The Economic Development Administration
3021-442: Was created in 1965. In 1966, the Bureau of Public Roads was transferred to the newly created Department of Transportation. The Minority Business Development Agency (MBDA) was created on March 5, 1969, originally established by President Richard M. Nixon as the Office of Minority Business Enterprise. The National Oceanic and Atmospheric Administration (NOAA) was created on October 3, 1970. The Cabinet Council on Commerce and Trade
3078-413: Was one of multiple Cabinet Councils established in the United States on or about February 26, 1981 by the Reagan Administration. In 2020, the Department of Commerce suffered a data breach following a cyberattack likely conducted by a nation state adversary , possibly Russia. Herbert Hoover was appointed Secretary of Commerce in 1921 by then-President Warren G. Harding . Hoover was, by far,
3135-471: Was originally created as the United States Department of Commerce and Labor on February 14, 1903. It was subsequently renamed the Department of Commerce on March 4, 1913, as the bureaus and agencies specializing in labor were transferred to the new Department of Labor . Since its creation, the Commerce Department has seen various agencies and administrative offices shift in and out of its organizational structure. The United States Patent and Trademark Office
3192-504: Was reached just before the trial was due to start. In 2004, Pinchuk created Yalta European Strategy, an international independent organization to promote Ukraine joining the European Union . Its annual summer meeting in Yalta was a Ukraine-EU forum for debate and policy recommendations development. Since the annexation of Crimea by the Russian Federation these meetings have been taking place in Kyiv. In September 2013, Pinchuk and Tony Blair introduced Hillary Clinton 's keynote address to
3249-421: Was transferred from the Interior Department into the Commerce Department in 1925. The Federal Employment Stabilization Office existed within the department from 1931 to 1939. In 1940, the Weather Bureau (now the National Weather Service ) was transferred from the Agriculture Department , and the Civil Aeronautics Authority was also merged into the Commerce Department. In 1949, the Public Roads Administration
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