To ensure the alignment of economic and foreign policies, to position the Department of State to reflect that economic security is national security, and for other purposes.
Summary
H.R. 5248 would direct the federal government to better coordinate its economic policies with its foreign policy objectives. The bill aims to establish economic security as a core component of national security strategy, requiring the Department of State to play a more central role in how the United States approaches economic matters in its international relations.
If enacted, this legislation would reshape how federal agencies coordinate on trade, investment, and economic engagement with other countries. The practical effect would be to integrate economic considerations more directly into diplomatic and foreign policy decisions, potentially affecting how the U.S. negotiates trade agreements, manages economic sanctions, and pursues strategic economic partnerships abroad.
Currently, the bill has advanced to committee consideration and markup, but most introduced bills do not progress further in the legislative process. The bill would require presidential signature to become law if it advances through Congress.