Bill · S. 2380· Senate(119-S-2380)
Quad Economic Security Act
- Introduced
- 7/22/2025
- Last activity
- 7/22/2025 — Read twice and referred to the Committee on Foreign Relations.
- Sponsored by
- Michael Bennet
- Cosponsors
- - 1 - 1
- Introduced
- In Committee
What this bill would do
The bill, called the "Quad Economic Security Act," directs the Secretary of State, consulting with the Secretary of Commerce, to try and establish an Economic Security Working Group within the Quad partnership (United States, Australia, India, and Japan). This group would address economic security challenges like securing supply chains and countering economic coercion. The bill also requires reports to Congress on these efforts.
Yes· 3 of 22
Does this strengthen ties with allied countries?+5
The bill directly aims to strengthen cooperation within the Quad partnership, improving international alliances.
Does this favour talking over confrontation abroad?+4
The bill requires diplomatic engagement to establish the Economic Security Working Group.
Does this better protect the country from computer attacks?+2
Safeguarding critical infrastructure mentioned in the bill could include cybersecurity measures.
The opposite
Does this reduce what the federal government spends?-1
The bill states that no additional funds are authorized, implying that existing funds will be reallocated, which could negatively impact programs originally intended to be supported by these funds.
Who it would affect, and how
Potential Positive Impacts for People
-
Securing critical supply chains (Section 4(a)): This could lead to a more stable economy and access to essential goods for people in the US by ensuring the country isn't overly reliant on one source for important products.
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Safeguarding critical infrastructure (Section 4(a)): Protecting infrastructure, like power grids and communication networks, can prevent disruptions that negatively impact daily life and national security.
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Countering economic coercion (Section 4(a)): This could protect the US from unfair trade practices or other economic pressures that could harm American businesses and consumers.
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Addressing crises disrupting supply chains (Section 4(a)): By preparing for and responding to disruptions, the bill could help prevent shortages and price increases during emergencies, benefiting consumers.
Potential Negative Impacts for People
- The bill itself doesn't directly impose any negative impacts, as it focuses on establishing a working group and conducting negotiations. It also states in Section 7 that "no additional funds are authorized to be appropriated to carry out this Act" which means it will be carried out using already authorized funds. Depending on the specific use of funds, this could have a negative impact on programs the funds were originally meant for.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- National Security And Foreign Policy
- Improves International Alliances+5Improves Diplomatic Engagement+4Improves Cybersecurity Defense+2Improves International Trade+2
- Demographic And Interest Groups
- Good For Business Owners+2Good For Billionaires+1Good For Farmers+1Good For High Income Households+1Good For High Net Worth Individuals+1Good For Low Income Households+1Good For Middle Class Households+1Good For Retirees+1Good For Rural Residents+1Good For Ultra High Net Worth Individuals+1
- Economy And Finance
- Improves Economic Growth+2Improves Consumer Protection+1Improves Small Business Support+1Increases Job Creation+1Reduces Inflation+1Reduces Government Spending-1
- Governance And Ideology
- Improves Government Transparency+1Increases Federal Power+1
- Healthcare
- Improves Pandemic Preparedness+1
- 9/9/2025
- 1 Cosponsor added.
- 7/22/2025
- Read twice and referred to the Committee on Foreign Relations.
- 1 Cosponsor added.
- Introduced in Senate
Jon OssoffDemocrat · Georgia
Pete RickettsRepublican · Nebraska