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119-hr-5320119th Congress

Transatlantic Growth Enterprise Act

Sponsored By: Representative Keating, William R. [D-MA-9]

Introduced

Summary

**This bill would create a Transatlantic Growth Enterprise to *strengthen U.S. ties and private‑sector investment in Central and Eastern Europe*.** It would focus on boosting business links, energy security (including nuclear cooperation), and efforts to counter Russian and Chinese influence in the region.

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  • Governments and economies in the eight named Enterprise countries would get coordinated U.S. support to deepen business, energy, and security ties. Participation would be limited to partners the Secretary determines are not undermining U.S. interests through cooperation with Russia or China or by weakening democracy.
  • U.S. firms and Chambers of Commerce would gain a formal U.S. government forum to expand business‑to‑business ties and investment in key economic and security sectors.
  • The energy sector would face coordinated planning. The Secretary would have to deliver an Energy Strategy within one year assessing dependencies on Russian and Chinese energy and identifying opportunities to decouple and advance U.S. energy security.
  • Security and civil society actors would see expanded cooperation aimed at countering Russian malign influence and the growing private‑sector footprint of the People’s Republic of China in the region.
  • The Secretary would convene stakeholders at least twice per year and submit an implementation report within 180 days with annual updates, giving Congress and partners regular, largely unclassified oversight.

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Bill Overview

Analyzed Economic Effects

2 provisions identified: 2 benefits, 0 costs, 0 mixed.

Limits on working with certain governments

The Enterprise would only work with officials from countries the Secretary finds are not undermining U.S. interests. Countries that aid Russia or China in harmful ways could be excluded. Countries that undermine democracy, including by allowing foreign police or military forces to be stationed, could also be excluded.

Program to boost U.S.-Europe business and energy

If enacted, this would create the Transatlantic Growth Enterprise run by the State Department with the DFC. It would focus on business ties, investment, and energy security, including nuclear energy. Enterprise countries would include the Czech Republic, Poland, Slovakia, Hungary, Romania, Moldova, Ukraine, and Bulgaria, with others possibly added. The Secretary would seek to convene government, business, and civil society at least twice a year. It would also aim to counter Russian and Chinese influence and strengthen people-to-people and security ties.

Sponsors & CoSponsors

Sponsor

Keating, William R. [D-MA-9]

MA • D

Cosponsors

  • Rep. Wilson, Joe [R-SC-2]

    SC • R

    Sponsored 9/11/2025

Roll Call Votes

No roll call votes available for this bill.

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