,i #aag? ,,congress #a/ ,session ,h4 ,r4 #cdih ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,may #be1 #bjba ,mr4 ,gonzalez ( ,ohio 7= himself1 ,ms4 ,/ev5s1 ,mr4 ,allr$1 ,mr4 ,phillips1 ,mr4 ,hill1 ,mr4 ,waltz1 & ,mr4 ,b>r7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,f9ancial ,s]vices1 & 9 addition to ! ,committee on ,=eign ,affairs1 = a p]iod to be subsequ5tly det]m9$ by ! ,speak]1 9 ea* case = consid]ation ( su* provisions z fall )9 ! jurisdiction ( ! committee conc]n$ ,a ,,bill ,to direct ! ,secret>y ( ,comm]ce to e/abli% )9 ! ,bureau ( ,economic ,analysis ( ! ,dep>tm5t ( ,comm]ce a ,*9a ,economic ,data ,coord9ation ,c5t]4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,docum5t+ ,adv]s>ial ,trade ,aggression ,act or ,,data ,act4 #b4 ,*9a ,economic ,data ,coord9ation ,c5t] 7a7 ,9 g5]al ,! ,secret>y ( ,comm]ce1 9 coord9ation ) ! ,secret>y ( ! ,treasury1 %all e/abli% )9 ! ,bureau ( ,economic ,analysis ( ! ,dep>tm5t ( ,comm]ce a ,*9a ,economic ,data ,coord9ation ,c5t] 79 ?is section ref]r$ to z ! ,c5t]74 7b7 ,duties ,! ,c5t]1 9 coord9ation ) ! heads ( o!r relevant ,f$]al ag5cies & ! private sector1 %all collect & syn!size (ficial & un(ficial ,*9ese economic data on developm5ts 9 ,*9a's f9ancial m>kets & ,unit$ ,/ates exposure to risks & vuln]abilities 9 ,*9a's f9ancial sy/em1 includ+-- 7#a7 data on basel9e economic /ati/ics su* z gross dome/ic product 7,,gdp7 & o!r indicators ( economic heal?2 7#b7 data on national & local gov]nm5t debt2 7#c7 data on nonp]=m+ loan am\nts2 7#d7 data on ! composition ( %ad[ bank+ assets2 7#e7 data on ! composition ( ,*9a's =eign ex*ange res]ves2 7#f7 data on bank loan int]e/ rates2 7#g7 data on ,unit$ ,/ates retirem5t acc\nts ti$ to ,*9ese inve/m5ts2 7#h7 data on ,*9a's exposure to =eign borr[]s & fl[s ( (ficial f9anc+ = ,*9a's ,belt & ,road ,initiative & o!r trade-relat$ initiatives1 includ+ data f ! ,export-,import ,bank ( ,*9a1 ! ,*9a ,export & ,cr$it ,insurance ,corporation 7,s9osure71 & ! ,*9a ,developm5t ,bank2 7#i7 data on sov]eign or ne>-sov]eign loans made by ,*9a to o!r c\ntries or gu>ante$ by sov]eign entities2 & 7#aj7 data on ,*9ese dome/ic retirem5t acc\nts & inve/m5ts4 7c7 ,brief+s ,! ,c5t] %all provide to ! appropriate congressional committees & ! private sector on a biannual basis brief+s on implem5tation ( ! duties ( ! ,c5t]4 7d7 ,reports & public updates 7#a7 ,reports 7,a7 ,9 g5]al ,! ,c5t] %all submit to ! appropriate congressional committees on a qu>t]ly basis a report 9 writ+ on implem5tation ( ! duties ( ! ,c5t]4 7,b7 ,matt]s to be includ$ ,! report requir$ by ?is subsection %all include-- 7i7 key f9d+s1 data1 ! rese>* & developm5t activities ( ! affiliates ( ,unit$ ,/ates mult9ational ent]prises op]at+ 9 ,*9a1 & a description ( ! implications ( su* activities = ,unit$ ,/ates production1 employm5t1 & ! economy2 & 7ii7 a description ( ,unit$ ,/ates indu/ry int]actions ) ,*9ese /ate-own$ ent]prises & o!r /ate-affiliat$ entities & inb\nd ,*9ese inve/m5ts4 7#b7 ,public updates ,! ,c5t] %all provide to ! public on a mon?ly basis updates on implem5tation ( ! duties ( ! ,c5t]4 7e7 ,recomm5dations & /rategies ,! ,secret>y ( ! ,treasury1 us+ data collect$ & syn!siz$ by ! ,c5t] "u subsection 7b7 & 9 consultation ) ! ,c5t]1 %all-- 7#a7 develop recomm5dations & /rategies = ways 9 :i* ! ,unit$ ,/ates c respond to pot5tial risks & exposures )9 ,*9a's f9ancial sy/em2 & 7#b7 submit to ! appropriate congressional committees a report t conta9s su* recomm5dations & /rategies4 7f7 ,appropriate congressional committees def9$ ,9 ?is section1 ! t]m appropriate congressional committees means-- 7#a7 ! ,committee on ,=eign ,affairs1 ! ,committee on ,f9ancial ,s]vices1 & ! ,committee on ,en]gy & ,comm]ce ( ! ,h\se ( ,repres5tatives2 & 7#b7 ,committee on ,=eign ,relations1 ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs1 & ! ,committee on ,comm]ce1 ,sci5ce1 & ,transportation ( ! ,s5ate4