S295-118

Introduced

To grant certain authorities to the President to combat economic coercion by foreign adversaries, and for other purposes.

118th Congress Introduced Feb 7, 2023

Summary

What This Bill Does

The bill creates sense of Congress The following is the sense of Congress: Foreign adversaries are increasingly using economic coercion to pressure, punish, and influence United States allies and partners, provides definitions In this Act: The term appropriate congressional committees— means— the Committee on Foreign Relations of the Senate, and provides determination of economic coercion If the President determines that a foreign trading partner is subject to economic coercion by a foreign adversary, the President may exercise, in a manner proportionate to. It relies on appropriations, compliance mandates, trade restrictions, and reporting requirements. The main policy areas are Homeowners, Finance, Foreign Policy, and Housing.

Who Benefits and How

Foreign affairs agencies and foreign-policy stakeholders affected by the bill could face lower compliance burdens, Businesses and employers affected by the bill could face lower compliance burdens, and Public beneficiaries or protected communities affected by the clause could face reduced risk.

Who Bears the Burden and How

Federal, state, or local agencies responsible for implementing the clause would take on compliance duties, Businesses and employers affected by the bill would take on compliance duties, and Public beneficiaries or protected communities affected by the clause could face increased risk.

Key Provisions

  • Creates sense of Congress The following is the sense of Congress: Foreign adversaries are increasingly using economic coercion to pressure, punish, and influence United States allies and partners.
  • Provides definitions In this Act: The term appropriate congressional committees— means— the Committee on Foreign Relations of the Senate.
  • Provides determination of economic coercion If the President determines that a foreign trading partner is subject to economic coercion by a foreign adversary, the President may exercise, in a manner proportionate to...
  • Provides authorities to assist foreign trading partners affected by economic coercion The authorities described in this subsection are the following: Subject to section 7, with respect to goods imported into the United...
  • Provides coordination with allies and partners After a determination by the President that a foreign trading partner is subject to economic coercion by a foreign adversary, the President shall endeavor to coordinate—...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

The bill creates sense of Congress The following is the sense of Congress: Foreign adversaries are increasingly using economic coercion to pressure, punish, and influence United States allies and partners, provides definitions In this Act: The term appropriate congressional committees— means— the Committee on Foreign Relations of the Senate, and provides determination of economic coercion If the President determines that a foreign trading partner is subject to economic coercion by a foreign adversary, the President may exercise, in a manner proportionate to.

Key Policy Areas

Homeowners, Finance, Foreign Policy, Housing

Primary Purpose

The bill creates sense of Congress The following is the sense of Congress: Foreign adversaries are increasingly using economic coercion to pressure, punish, and influence United States allies and partners, provides definitions In this Act: The term appropriate congressional committees— means— the Committee on Foreign Relations of the Senate, and provides determination of economic coercion If the President determines that a foreign trading partner is subject to economic coercion by a foreign adversary, the President may exercise, in a manner proportionate to.

Policy Domains

Homeowners Finance Foreign Policy Housing

Whole bill

Identified Gains
  • Foreign affairs agencies and foreign-policy stakeholders affected by the bill
  • Businesses and employers affected by the bill
  • Public beneficiaries or protected communities affected by the clause
  • Homeowners, tenants, or housing market participants affected by the bill
  • Foreign businesses and cross-border trade participants affected by the bill
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: is
Businesses and employers affected by the bill: ,
Public beneficiaries or protected communities affected by the clause: ,
Homeowners, tenants, or housing market participants affected by the bill:
Foreign businesses and cross-border trade participants affected by the bill:
Foreign affairs agencies and foreign-policy stakeholders affected by the bill: ,
Identified Costs
  • Federal, state, or local agencies responsible for implementing the clause
  • Businesses and employers affected by the bill
  • Public beneficiaries or protected communities affected by the clause
  • Water infrastructure operators and water users affected by the bill
  • Telecommunications providers and users affected by the bill
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: is
Businesses and employers affected by the bill: , ,
Telecommunications providers and users affected by the bill:
Water infrastructure operators and water users affected by the bill:
Public beneficiaries or protected communities affected by the clause: ,
Federal, state, or local agencies responsible for implementing the clause: , , , , ,

Legislative Progress

Introduced
Introduced Committee Passed
Feb 7, 2023

Mr. Young (for himself and Mr. Coons) introduced the following …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Homeowners Finance Foreign Policy Housing

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