Bill > HR5248

This bill proposes a comprehensive restructuring of the State Department's economic and foreign policy apparatus to better align economic security with national security. The legislation establishes several new key positions and offices, including an Under Secretary for Economic Affairs, a Chief Economist, an Office of the Chief Economist, an Assistant Secretary for Commercial Diplomacy, an Office of Subnational Diplomacy, an Assistant Secretary for Water, Environment, and Space Affairs, an Assistant Secretary for Energy Security and Diplomacy, and an Assistant Secretary for Sanctions Policy. These new roles are designed to enhance the Department's capabilities in areas such as trade promotion, investment attraction, technology security, environmental policy, space affairs, energy diplomacy, and sanctions implementation. The bill transforms existing bureaus and positions, creating more specialized and focused departments to address complex global economic challenges. It also mandates new reporting requirements, such as an annual international economic strategy report, and provides funding authorization for these new offices and positions for fiscal years 2026 and 2027. The overall goal is to strengthen the United States' economic diplomacy, support American businesses abroad, counter malign foreign influences, and create a more integrated approach to international economic policy.

Military Affairs and Security

https://www.congress.gov/bill/119th-congress/house-bill/5248/all-info