Sponsors (2)
Establishes a State Department-led Transatlantic Growth Enterprise to deepen U.S.–Central/Eastern European economic, energy, people-to-people, and security ties and to counter Russian and PRC influence, with reporting requirements to Congress.
Official title: To strengthen United States relations with certain countries of Central and Southeast Europe and develop a comprehensive strategy to strengthen democracy, rule of law, and civil society, and for other purposes.
Introduced September 11, 2025 by William R. Keating · Last progress September 11, 2025
The bill strengthens U.S. security, economic, and energy ties with Central and Eastern Europe—potentially enhancing deterrence, trade, and energy resilience—but does so at the cost of increased federal spending, possible diplomatic backlash, and selective engagement that may create uncertainty for partners and businesses.
Taxpayers and the American public: stronger security ties and closer NATO/partner coordination with Central and Eastern Europe will improve deterrence of Russian aggression and reduce risk of wider conflict that could threaten U.S. national security.
U.S. firms and consumers (including small businesses): expanded diplomatic and economic engagement will open new trade and investment opportunities in Central and Eastern Europe, potentially boosting exports and business growth.
Utilities, energy companies, and local/state governments: promotion of diversified energy projects (including identified nuclear and other projects) and transatlantic cooperation can reduce reliance on hostile suppliers and improve regional energy security.
Taxpayers: implementing deeper security, economic, and energy initiatives in the region is likely to require additional federal spending or aid, increasing budgetary costs paid by U.S. taxpayers.
U.S. businesses, consumers, and the broader public: explicitly countering Russia and China and aligning more strongly with Central and Eastern Europe risks diplomatic escalation or retaliatory measures that could disrupt trade, investment, or cooperation.
State and local governments, foreign partners, and U.S. firms: discretionary or selective membership rules and limits on engagement risk excluding some countries or firms, creating uncertainty, diplomatic disagreement, and fragmented regional cooperation.
Based on analysis of 9 sections of legislative text.
Creates a new Transatlantic Growth Enterprise program run by the Secretary of State, in coordination with the CEO of the U.S. International Development Finance Corporation and other agencies, to deepen U.S. business, energy, people-to-people, and security ties with Central and Eastern European countries and to counter Russian and PRC influence. The law requires regular stakeholder convenings and reporting to Congress, sets participation limits (excluding partners that undermine U.S. interests or democracy), and directs an energy strategy assessment and annual implementation reports.