Economic Security and Diplomacy Act of 2024
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Summary
This bill amends the State Department Basic Authorities Act to establish a new Deputy Secretary of State for Economic Security and reorganize related offices within the State Department. The Deputy Secretary would oversee economic security matters including sanctions policy, trade policy, export controls, supply chain security, and foreign assistance. The bill also creates or redesignates several assistant secretary positions and offices focused on trade and investment security, supply chain security, strategic foreign assistance, and technology and innovation security, and authorizes $10 million in appropriations for the new position.
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