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Bill > S1824


US S1824

US S1824
A bill to provide for the development and implementation of economic defense response teams.


summary

Introduced
05/25/2021
In Committee
05/25/2021
Crossed Over
Passed
Dead
01/03/2023

Introduced Session

117th Congress

Bill Summary

A BILL To provide for the development and implementation of economic defense response teams.

AI Summary

This bill provides for the development and implementation of economic defense response teams. It establishes a pilot program for the President, acting through the Secretary of State, to create deployable teams that can provide emergency technical assistance and support to a country subjected to the threat or use of coercive economic measures by an adversary. The teams would help reduce the partner country's vulnerability, minimize damage, coordinate contingency plans, and assist in responding to specific economic coercion efforts, among other activities. The bill outlines the institutional support required, including the involvement of various federal agencies and departments, as well as the reporting and sunset provisions for the program.

Committee Categories

Government Affairs

Sponsors (3)

Last Action

Read twice and referred to the Committee on Foreign Relations. (on 05/25/2021)

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