Sponsors (4)
The bill seeks to strengthen U.S. critical-mineral supply chains and national security and to spur domestic economic activity through coordinated federal action, but it risks higher near-term costs for consumers and manufacturers, local environmental harms, potential trade friction, and added unfunded government work.
U.S. manufacturers, defense contractors, and the military will face reduced reliance on foreign (especially Chinese) critical mineral suppliers because the bill directs coordinated actions to strengthen domestic supply chains and resilience.
Workers, small businesses, and local economies near mining and processing sites could see new jobs and economic activity from expanded domestic mining, processing, recycling, and workforce development efforts identified by the bill.
State, Tribal, and local governments (and project developers) will get clearer, coordinated recommendations and GAO analysis to identify regulatory barriers and improve interagency data sharing, which can speed permitting and federal support for supply-chain projects.
Middle-class families, taxpayers, and manufacturers may face higher costs for electronics, vehicles, and clean-energy products if onshoring and prioritizing domestic suppliers makes inputs more expensive in the near term.
Rural communities, tribal lands, and local residents may experience environmental harm and community conflict from expanded domestic mining and processing unless robust safeguards and oversight are implemented.
U.S. exporters and small businesses could face trade tensions or retaliatory measures from countries affected by a U.S. shift away from certain foreign suppliers, risking export markets and raising prices.
Based on analysis of 3 sections of legislative text.
Creates a presidentially led intergovernmental task force to assess reliance on China and other covered countries for critical minerals, recommend steps to secure/onshore supply chains, and directs a GAO study.
Introduced March 3, 2025 by Gary C. Peters · Last progress March 3, 2025
Creates an intergovernmental task force to review U.S. reliance on China and other covered countries for critical minerals, recommend steps to secure and onshore supply chains, and coordinate federal, state, tribal, local, and territorial actions. The President must set up the task force within 90 days, populate it with many federal agency representatives, require regular meetings and briefings, and deliver a report to Congress within two years. The bill also directs the Government Accountability Office to study the federal and state regulatory landscape for improving domestic critical mineral supply chains and report within 18 months.