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DHS Trade and Economic Security Council Act of 2021

4/17/2024, 11:45 PM

Summary of Bill HR 4476

Bill 117 HR 4476, also known as the DHS Trade and Economic Security Council Act of 2021, aims to establish a Trade and Economic Security Council within the Department of Homeland Security (DHS). The purpose of this council is to enhance the coordination and communication between DHS and other federal agencies involved in trade and economic security.

The bill outlines the composition of the council, which will include representatives from various federal agencies such as the Department of Commerce, the Office of the United States Trade Representative, and the Department of the Treasury. The council will be responsible for developing strategies to address threats to the United States' economic security, including intellectual property theft, unfair trade practices, and cyberattacks.

Additionally, the council will work to promote economic growth and competitiveness by identifying opportunities for collaboration between government agencies, industry stakeholders, and academia. The bill also requires the council to submit an annual report to Congress detailing its activities and recommendations for improving trade and economic security. Overall, the DHS Trade and Economic Security Council Act of 2021 seeks to strengthen the United States' ability to protect its economic interests and ensure a level playing field for American businesses in the global marketplace.

Congressional Summary of HR 4476

DHS Trade and Economic Security Council Act of 2021

This bill establishes the DHS Trade and Economic Security Council, which shall provide trade and economic security advice and recommendations to the Department of Homeland Security (DHS). This includes identifying concentrated risks and setting priorities for protecting the nation's trade and economic security.

The bill also establishes the position of Assistant Secretary for Trade and Economic Security within DHS's Office of Strategy, Policy, and Plans.

Current Status of Bill HR 4476

Bill HR 4476 is currently in the status of Introduced to Senate since April 6, 2022. Bill HR 4476 was introduced during Congress 117 and was introduced to the House on July 16, 2021.  Bill HR 4476's most recent activity was Received in the Senate and Read twice and referred to the Committee on Homeland Security and Governmental Affairs. as of April 6, 2022

Bipartisan Support of Bill HR 4476

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
6
Democrat Cosponsors
4
Republican Cosponsors
2
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 4476

Primary Policy Focus

Foreign Trade and International Finance

Potential Impact Areas

- Competitiveness, trade promotion, trade deficits
- Department of Homeland Security
- Executive agency funding and structure
- Federal officials

Alternate Title(s) of Bill HR 4476

DHS Trade and Economic Security Council Act of 2021
DHS Trade and Economic Security Council Act of 2021
To establish the Department of Homeland Security (DHS) Trade and Economic Security Council and the position of Assistant Secretary for Trade and Economic Security within the Department of Homeland Security, and for other purposes.
DHS Trade and Economic Security Council Act of 2021
DHS Trade and Economic Security Council Act of 2021

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