,,ii  #aagth ,,congress  #b;d ,session  
,s4 #dbdc  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,may #ah       
7legislative day1 ,may #ag71 #bjbb,mr4  
,portman 7for himself1 ,mr4 ,peters1 and
 ,ms4 ,stabenow7 introduced the         
following bill2 which was read twice and
 referred to the ,committee on ,homeland
 ,security and ,governmental ,affairs   
,a ,,bill  ,to establish the ,department
 of ,homeland ,security ,trade and      
,economic ,security ,council and the    
position of ,assistant ,secretary for   
,trade and ,economic ,security within   
the ,department of ,homeland ,security1 
and for other purposes4  #a4 ,short     
title ,this ,act may be cited as the    
,,dhs ,trade and ,economic ,security    
,council ,act of #bjbb4  #b4 ,,dhs      
,trade and ,economic ,security ,council 
7a7 ,definitions ,in this section3 7#a7 
,council ,the term ,council means the   
,,dhs ,trade and ,economic ,security    
,council established under subsection   
7b74  7#b7 ,department ,the term        

,department refers to the ,department of
 ,homeland ,security4  7#c7 ,economic   
security ,the term economic security    
means the condition of having secure and
 resilient domestic production capacity 
combined with reliable access to the    
global resources necessary to maintain  
an acceptable standard of living and    
protect core national values4  7#d7     
,secretary ,the term ,secretary means   
the ,secretary of the ,department of    
,homeland ,security4  7b7 ,,dhs ,trade  
and ,economic ,security ,council ,in    
accordance with the mission of the      
,department under section #aja7;b7 of   
the ,homeland ,security ,act of #bjjb   
7#f ,u4,s4,c4 #aaa7;b771 and in         
particular paragraph 7#a77;,f7 of that  
subsection1 the ,secretary shall        
establish a standing council of         
component heads or their designees      
within the ,department known as the     
,,dhs ,trade and ,economic ,security    
,council4  7c7 ,duties of the ,council  
,pursuant to the scope of the           

,department's mission as described in   
subsection 7b71 the ,council shall      
provide to the ,secretary advice and    
recommendations on matters of trade and 
economic security1 including-- 7#a7     
identifying concentrated risks for trade
 and economic security2  7#b7 setting   
priorities for securing the trade and   
economic security of the ,united        
,states2  7#c7 coordinating             
,department-wide activity on trade and  
economic security matters2  7#d7 with   
respect to the development of the       
,president's continuity of the economy  
plan under section #ifjc of the ,william
 ,m4 7,mac7 ,thornberry ,national       
,defense ,authorization ,act of ,fiscal 
,year #bjba 7,public ,law #aaf-bhc72    
7#e7 proposing statutory and regulatory 
changes impacting trade and economic    
security2 and  7#f7 any other matters   
the ,secretary considers appropriate4   
7d7 ,chair and ,vice ,chair ,the        
,assistant ,secretary for ,trade and    
,economic ,security of the ,department--

 7#a7 shall serve as ,chair of the      
,council2 and  7#b7 may designate a     
,council member as a ,vice ,chair4  7e7 
,meetings ,the ,council shall meet not  
less frequently than quarterly1 as well 
as-- 7#a7 at the call of the ,chair2 or 
7#b7 at the direction of the ,secretary4
  7f7 ,briefings ,not later than #ahj   
days after the date of enactment of this
 ,act and every #f months thereafter for
 #d years1 the ,council shall brief the 
,committee on ,homeland ,security and   
,governmental ,affairs of the ,senate   
and the ,committee on ,homeland         
,security of the ,house of              
,representatives on the actions and     
activities of the ,council4  #c4        
,assistant ,secretary for ,trade and    
,economic ,security ,section #gji of the
 ,homeland ,security ,act of #bjjb 7#f  
,u4,s4,c4 #cdi7 is amended-- 7#a7 by    
redesignating subsection 7g7 as         
subsection 7h72 and  7#b7 by inserting  
after subsection 7f7 the following new  
subsection3  7g7 ,assistant ,secretary  

for ,trade and ,economic ,security  7#a7
 ,in general ,there is established      
within the ,office of ,strategy1        
,policy1 and ,plans an ,assistant       
,secretary for ,trade and ,economic     
,security4  7#b7 ,duties ,the ,assistant
 ,secretary for ,trade and ,economic    
,security shall be responsible for      
policy formulation regarding matters    
relating to economic security and trade1
 as such matters relate to the mission  
and the operations of the ,department4  
7#c7 ,additional responsibilities ,in   
addition to the duties specified in     
paragraph 7#b71 the ,assistant          
,secretary for ,trade and ,economic     
,security shall-- 7,a7 oversee-- 7i7    
coordination of supply chain policy2 and
  7ii7 assessments and reports to       
,congress related to critical economic  
security domains2  7,b7 serve as the    
designee of the ,secretary for the      
purposes of representing the ,department
 on the ,committee on ,foreign          
,investment in the ,united ,states1 and 

the ,committee for the ,assessment of   
,foreign ,participation in the ,united  
,states ,telecommunications ,services   
,sector2  7,c7 coordinate with          
stakeholders in other ,federal          
departments and agencies and            
non-governmental entities with trade and
 economic security interests1           
authorities1 and responsibilities2 and  
7,d7 perform such additional duties as  
the ,secretary or the ,under ,secretary 
of ,strategy1 ,policy1 and ,plans may   
prescribe4  7#d7 ,definitions ,in this  
subsection3 7,a7 ,critical economic     
security domain ,the term critical      
economic security domain means any      
infrastructure1 industry1 technology1 or
 intellectual property 7or combination  
thereof7 that is essential for the      
economic security of the ,united        
,states4  7,b7 ,economic security ,the  
term economic security has the meaning  
given that term in section              
#hij;,b7c77#b74  4