S.Amdt. 5804

1. Adds SEC. __. DHS TRADE AND ECONOMIC SECURITY COUNCIL wherever appropriate

   Adds a section

   Inserted: SEC. __. DHS TRADE AND ECONOMIC SECURITY COUNCIL.

   Inserted: (a) Establishment of the DHS Trade and Economic Security Council.--

   Inserted: (1) Definitions.--In this subsection:

   Inserted: (A) Council.--The term "Council" means the DHS Trade and Economic Security Council established under paragraph (2).

   Inserted: (B) Department.--The term "Department" means the Department of Homeland Security.

   Inserted: (C) Economic security.--The term "economic security" has the meaning given that term in section 890B(c)(2) of the Homeland Security Act of 2002 (6 U.S.C. 474(c)(2)).

   Inserted: (D) Secretary.--The term "Secretary" means the Secretary of Homeland Security.

   Inserted: (2) DHS trade and economic security council.--In accordance with the mission of the Department under section 101(b) of the Homeland Security Act of 2002 (6 U.S.C. 111(b)), and in particular paragraph (1)(F) of that section, the Secretary shall establish a standing council of component heads or their designees within the Department, which shall be known as the "DHS Trade and Economic Security Council".

   Inserted: (3) Duties of the council.--Pursuant to the scope of the mission of the Department as described in paragraph (2), the Council shall provide to the Secretary advice and recommendations on matters of trade and economic security, including--

   Inserted: (A) identifying concentrated risks for trade and economic security;

   Inserted: (B) setting priorities for securing the trade and economic security of the United States;

   Inserted: (C) coordinating Department-wide activity on trade and economic security matters;

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   Inserted: (D) with respect to the development of the continuity of the economy plan of the President under section 9603 of the William M. (Mac) Thornberry National Defense Authorization Act of Fiscal Year 2021 (6 U.S.C. 322);

   Inserted: (E) proposing statutory and regulatory changes impacting trade and economic security; and

   Inserted: (F) any other matters the Secretary considers appropriate.

   Inserted: (4) Chair and vice chair.--The Under Secretary for Strategy, Policy, and Plans of the Department--

   Inserted: (A) shall serve as Chair of the Council; and

   Inserted: (B) may designate a Council member as a Vice Chair.

   Inserted: (5) Meetings.--The Council shall meet not less frequently than quarterly, as well as--

   Inserted: (A) at the call of the Chair; or

   Inserted: (B) at the direction of the Secretary.

   Inserted: (6) Briefings.--Not later than 180 days after the date of enactment of this Act and every 180 days thereafter for 4 years, 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 Council.

   Inserted: (b) Assistant Secretary for Trade and Economic Security.--Section 709 of the Homeland Security Act of 2002 (6 U.S.C. 349) is amended--

   Inserted: (1) by redesignating subsection (g) as subsection (h); and

   Inserted: (2) by inserting after subsection (f) the following:

   Inserted: "(g) Assistant Secretary for Trade and Economic Security.--

   Inserted: "(1) In general.--There is established within the Office of Strategy, Policy, and Plans an Assistant Secretary for Trade and Economic Security.

   Inserted: "(2) Duties.--At the direction of the Under Secretary for Strategy, Policy, and Plans, the Assistant Secretary for Trade and Economic Security shall be responsible for policy formulation regarding matters relating to economic security and trade, as such matters relate to the mission and the operations of the Department.

   Inserted: "(3) Additional responsibilities.--In addition to the duties specified in paragraph (2), the Assistant Secretary for Trade and Economic Security, at the direction of the Under Secretary for Strategy, Policy, and Plans, may--

   Inserted: "(A) oversee--

   Inserted: "(i) coordination of supply chain policy; and

   Inserted: "(ii) assessments and reports to Congress related to critical economic security domains;

   Inserted: "(B) serve as the representative of the Under Secretary for Strategy, Policy, and Plans for the purposes of representing the Department on--

   Inserted: "(i) the Committee on Foreign Investment in the United States; and

   Inserted: "(ii) the Committee for the Assessment of Foreign Participation in the United States Telecommunications Services Sector;

   Inserted: "(C) coordinate with stakeholders in other Federal departments and agencies and nongovernmental entities with trade and economic security interests, authorities, and responsibilities; and

   Inserted: "(D) perform such additional duties as the Secretary or the Under Secretary of Strategy, Policy, and Plans may prescribe.

   Inserted: "(4) Definitions.--In this subsection:

   Inserted: "(A) Critical economic security domain.--The term 'critical economic security domain' means any infrastructure, industry, technology, or intellectual property (or combination thereof) that is essential for the economic security of the United States.

   Inserted: "(B) Economic security.--The term 'economic security' has the meaning given that term in section 890B(c)(2).".

   Inserted: (c) Rule of Construction.--Nothing in this section or the amendments made by this section shall be construed to affect or diminish the authority otherwise granted to any other officer of the Department of Homeland Security.

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As printed