§3370b Collaboration Between Intelligence Community and Department of Commerce to Counter Foreign Commercial Threats

Summary

The Director of National Intelligence and the Secretary of Commerce must create a Working Group, with input from the Secretary of State, to find and fight “foreign commercial threats” unless they both decide an existing group can do the work and tell the congressional intelligence committees why. The Working Group can include staff from any federal agency chosen by those two leaders. Appropriate congressional committees means the congressional intelligence committees and key Senate and House committees on commerce, armed services, foreign relations/affairs, and appropriations. A foreign commercial threat means a rare commercial product, service, or related intellectual property controlled by a strategic competitor or foreign adversary that could give them leverage over the buyer. The group will look at current and likely future threats and at items that, if made by U.S. companies or allies, would reduce those threats. The group must meet no later than 30 days after December 23, 2022, and at least once every 3 months after that. It must send a report to the appropriate congressional committees no later than 60 days after December 23, 2022, and then every 6 months. Reports must list identified threats, any U.S. plans to address them, how intelligence will help Commerce and other nontraditional users, and other key activities. Two years after the group starts, the DNI and Commerce Secretary may end it if they jointly decide and notify the appropriate congressional committees with reasons.