,,ii #aaf? ,,congress #a/ ,session ,s4 #bhbf ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,novemb] #g1 #bjai,mr4 ,"y 7= himself1 ,mr4 ,m]kley1 ,mr4 ,rubio1 & ,mr4 ,coons7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ,a ,,bill ,to require a global economic security /rategy1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,global ,economic ,security ,/rategy ( #bjai4 #b4 ,s5se ( ,congress ,x is ! s5se ( ,congress t-- 7#a7 ! national security ( ! ,unit$ ,/ates dep5ds 9 l>ge "p on a vibrant1 gr[+1 & secure ,unit$ ,/ates economy2 7#b7 ! ,unit$ ,/ates confronts m int]national economic competition & ?reats today ?an at any "t 9 ! ,nation's hi/ory2 7#c7 a failure ( ! ,unit$ ,/ates to compete economically w und]m9e ! prosp]ity & security ( ! p ( ! ,unit$ ,/ates2 7#d7 ! ,unit$ ,/ates is /rong] :5 ! national security /rategy integrates economic tools 9 ! s]vice ( =eign policy objectives2 7#e7 x is 9 ! national security & economic int]e/s ( ! ,unit$ ,/ates-- 7,a7 to promote free1 fair1 & reciprocal economic relation%ips betwe5 ! ,unit$ ,/ates & =eign individuals & entities2 7,b7 to promote & protect ! ,unit$ ,/ates innovation base1 includ+ ! def5se indu/rial base2 7,c7 to ensure t ! ,unit$ ,/ates leads 9 rese>*1 te*nology1 & innovation2 7,d7 to c\nt] anticompetitive economic behavior1 policies1 & /rategies by =eign individuals & entities2 7,e7 to promote environm5tal /ew>d%ip2 & 7,f7 to ensure work]s & families 9 ! ,unit$ ,/ates h ! opportunity to ?rive ) competitive wages & are n unfairly disadvantag$2 7#f7 ! ,f$]al ,gov]nm5t has a limit$1 b important1 role 9 facilitat+ ! ability ( ! ,unit$ ,/ates to compete successfully 9 ! int]national economic competition describ$ 9 p>agraph 7#b72 & 7#g7 ! ,f$]al ,gov]nm5t %\ld p]iodically produce a global economic security /rategy-- 7,a7 to ensure ,f$]al policies1 /atutes1 regulations1 proc$ures1 data ga!r+1 & assessm5t practices are optimally design$ & implem5t$ to facilitate ! competitiv5ess1 prosp]ity1 & security ( ! ,unit$ ,/ates2 7,b7 to reassure allies & p>tn]s ( ! ,unit$ ,/ates ( ! endur+ commitm5t ( ! ,unit$ ,/ates to ! promotion ( free1 fair1 & reciprocal economic relation%ips2 & 7,c7 to maximally advance economic opportunity = pres5t & future g5]ations ( ,unit$ ,/ates citiz5s4 #c4 ,global economic security /rategy 7a7 ,/rategy requir$ 7#a7 ,initial /rategy ,n lat] ?an #ahj days aft] ! date ( ! enactm5t ( ?is ,act1 ! ,presid5t1 9 coord9ation ) ! ,national ,security ,c\ncil & ! ,national ,economic ,c\ncil & ! heads ( o!r relevant ,f$]al ag5cies1 %all submit to ! appropriate congressional committees a report sett+ =? a global economic security /rategy = ! ,unit$ ,/ates to support ! national security /rategy4 7#b7 ,subsequ5t /rategies ,beg9n+ 9 #bjba1 ! ,presid5t1 9 coord9ation ) ! ,national ,security ,c\ncil & ! ,national ,economic ,c\ncil & ! heads ( o!r relevant ,f$]al ag5cies1 %all submit to ! appropriate congressional committees a global economic security /rategy-- 7,a7 9 any ye> 9 :i* a new ,presid5t is inaugurat$1 n lat] ?an ,octob] #a ( t ye>2 & 7,b7 9 any o!r ye>1 n lat] ?an #ij days aft] ! transmission to ,congress 9 t ye> ( ! national security /rategy4 7b7 ,elem5ts ,ea* report requir$ by subsection 7a7 %all set =? a global economic security /rategy ( ! ,unit$ ,/ates & %all1 at a m9imum1 include ! foll[+3 7#a7 ,an assessm5t ( ! global competitive position ( key ,unit$ ,/ates economic sectors1 includ+ /r5g?s1 weaknesses1 opportunities1 & ?reats4 7#b7 ,an assessm5t ( ! national debt & its implications = ! economic & national security ( ! ,unit$ ,/ates4 7#c7 ,a description & discussion ( ! prioritiz$ economic security int]e/s & objectives ( ! ,unit$ ,/ates1 includ+ key economic sectors vital to economic security ( ! ,unit$ ,/ates4 7#d7 ,a description ( ! lead+ ?reats1 *all5ges1 & opportunities associat$ ) ! int]e/s & objectives describ$ 9 p>agraph 7#c71 includ+-- 7,a7 an assessm5t ( ! sev]ity & likelihood ( ! ?reats1 bo? =eign & dome/ic1 & an explicit l9k+ ( ea* su* ?reat to a national int]e/ or objective2 7,b7 an assessm5t ( ! nature ( ! *all5ges & h[ ea* *all5ge w evolve if left unaddress$2 & 7,c7 an assessm5t ( ! opportunities & associat$ pot5tial b5efits to ,unit$ ,/ates int]e/s or objectives4 7#e7 ,an ov]view ( ! public & private sector tools necess>y to address or m9imize ! lead+ ?reats & *all5ges describ$ 9 p>agraph 7#d7 & to take advantage ( ! lead+ opportunities describ$ 9 t p>agraph4 7#f7 ,an assessm5t ( :e!r ! ,unit$ ,/ates ,gov]nm5t or private sector possesses ^? tools4 7#g7 ,= ea* su* ?reat1 *all5ge1 or opportunity t ! ,unit$ ,/ates ,gov]nm5t or private sector lack suffici5t tools to address1 m9imize1 or take advantage (1 a detail$ plan to develop1 improve1 or fo/] ^? tools4 7#h7 ,a plan to utilize available tools to address or m9imize ! lead+ ?reats & *all5ges & to take advantage ( ! lead+ opportunities1 includ+-- 7,a7 a discussion ( ! optimal allocation ( f9ite res\rces & an id5tification ( ! risks associat$ ) t allocation2 7,b7 specific objectives1 tasks1 metrics1 & mile/ones = ea* relevant ,f$]al ag5cy2 7,c7 specific plans to elim9ate ob/acles = ! private sector 9 areas supportive ( ! global economic security /rategy & to maximize ! prud5t use ( public-private p>tn]%ips2 7,d7 specific plans to elim9ate ob/acles to /r5g!n+ ,unit$ ,/ates en]gy security1 su/a9ability1 & resili5ce 9 areas supportive ( ! global economic security /rategy1 includ+ en]gy div]sity & su/a9able managem5t & use ( en]gy res\rces2 7,e7 specific plans to promote environm5tal /ew>d%ip & fair competition = ,unit$ ,/ates work]s2 7,f7 a description (-- 7i7 h[ ! global economic security /rategy supports ! national security /rategy2 & 7ii7 h[ ! global economic security /rategy is integrat$ & coord9at$ ) ! mo/ rec5t national def5se /rategy "u section #aac7;g7 ( title #aj1 ,unit$ ,/ates ,code2 7,g7 a plan to enc\rage ! gov]nm5ts ( c\ntries t are allies or p>tn]s ( ! ,unit$ ,/ates to coop]ate ) ! execution ( ! global economic security /rategy1 :]e appropriate2 & 7,h7 a plan to enc\rage c]ta9 int]national & multilat]al organizations to support ! implem5tation ( ! global economic security /rategy4 7#i7 ,an id5tification ( any additional res\rces or /atutory au?orizations necess>y to implem5t ! global economic security /rategy4 7c7 ,=m ( report ,ea* report requir$ by subsection 7a7 %all be submitt$ 9 unclassifi$ =m1 b may include a classifi$ annex4 7d7 ,def9itions ,9 ?is section3 7#a7 ,appropriate congressional committees ,! t]m appropriate congressional committees means-- 7,a7 ! ,committee on ,appropriations1 ! ,committee on ,arm$ ,s]vices1 ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs1 ! ,committee on ,comm]ce1 ,sci5ce1 & ,transportation1 ! ,committee on ,f9ance1 & ! ,committee on ,=eign ,relations ( ! ,s5ate2 & 7,b7 ! ,committee on ,appropriations1 ! ,committee on ,arm$ ,s]vices1 ! ,committee on ,en]gy & ,comm]ce1 ! ,committee on ,f9ancial ,s]vices1 ! ,committee on ,=eign ,affairs1 & ! ,committee on ,ways & ,means ( ! ,h\se ( ,repres5tatives4 7#b7 ,national security /rategy ,! t]m national security /rategy means ! national security /rategy requir$ by section #ajh ( ! ,national ,security ,act ( #aidg 7#ej ,u4,s4,c4 #cjdc74