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Public-Private Information Sharing: Protecting US Companies from Foreign Threats

This act aims to enhance information sharing between the government and US companies. The goal is to protect US interests in energy projects abroad, especially concerning critical minerals. This will better prepare companies for unfair practices by foreign entities, potentially impacting energy supply stability and jobs in the sector.
Key points
The US government will develop a strategy to better inform companies about threats from foreign entities in overseas energy projects.
US companies will be able to report suspicious activities, such as disinformation campaigns, helping to protect their intellectual property and interests.
The objective is to safeguard American companies from unfair competition and economic espionage, potentially leading to greater economic security and stability in the energy sector.
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Additional Information
Print number: 118_HR_7699
Sponsor: Rep. Krishnamoorthi, Raja [D-IL-8]
Process start date: 2024-03-15