To ensure the alignment of economic and foreign policies, to position the Department of State to reflect that economic security is national security, and for other purposes.
Sponsors
Legislative Progress
IntroducedMrs. Kim introduced the following bill; which was referred to …
Primary Purpose
Reorganizes the Department of State's economic affairs structure by creating an Under Secretary for Economic Affairs and establishing new bureaus for Commercial Diplomacy, Water/Environment/Space Affairs, Energy Security/Diplomacy, and Sanctions Policy to strengthen the integration of economic priorities into US foreign policy.
Policy Domains
Legislative Strategy
"Elevates economic and commercial interests within State Department by creating dedicated bureaus and senior positions for trade promotion, energy security, sanctions coordination, and subnational economic diplomacy"
Likely Beneficiaries
- US private sector companies seeking international market access
- US energy companies and energy exporters
- Critical minerals and supply chain companies
- US commercial space industry
- State and local governments seeking foreign investment
- Development finance institutions
Likely Burden Bearers
- Federal budget (new positions and bureaus require funding)
- Foreign governments and entities subject to US sanctions
- Countries engaged in malign influence targeting US subnational governments
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "the_secretary"
- → Secretary of State
- "the_department"
- → Department of State
- "chief_economist"
- → New position reporting to Under Secretary for Economic Affairs
- "assistant_secretary_sanctions"
- → Replaces Sanctions Coordinator
- "assistant_secretary_energy_security"
- → New position for energy and critical minerals policy
- "under_secretary_for_economic_affairs"
- → New position replacing Under Secretary for Economic Growth, Energy and the Environment
- "assistant_secretary_commercial_diplomacy"
- → Replaces Assistant Secretary for Economic and Business Affairs
- "assistant_secretary_water_environment_space"
- → Replaces Assistant Secretary for Oceans and International Environmental and Scientific Affairs
Key Definitions
Terms defined in this bill
New position responsible to Secretary of State for economic growth, commercial expansion, energy, technology policy and innovation, scientific research, commercial outer space affairs, critical minerals, water and the environment, protection of natural resources, and sanctions policies
Department work with state, county, city, and municipal governments within the United States to attract foreign investment, counter foreign malign influence, and contribute to foreign policy priorities
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology