Sponsors (2)
The bill strengthens U.S. security, economic ties, and energy resilience with Central and Eastern Europe and promotes democracy abroad, but does so with likely increases in federal spending, heightened diplomatic risks, and added uncertainties and costs for some U.S. businesses and subnational governments.
U.S. taxpayers and state/local governments benefit from stronger security ties with Central and Eastern Europe that improve NATO coordination and strengthen deterrence against Russian aggression, reducing direct threats to U.S. national security.
U.S. firms, small businesses, and consumers gain expanded trade and investment opportunities through deeper diplomatic and economic engagement with Central and Eastern Europe, potentially opening new markets.
Utilities, energy companies, and local/state governments benefit from diversified energy partnerships (including identified projects and nuclear options) that can reduce reliance on hostile suppliers and improve allied energy security.
U.S. taxpayers face the likelihood of increased federal spending or new commitments to support security, economic, or energy initiatives in Central and Eastern Europe, raising fiscal costs at home.
U.S. businesses and taxpayers risk diplomatic friction or retaliatory measures (from countries like Russia, China, or targeted partners) as the bill explicitly counters malign influence, which could affect trade and cooperation.
U.S. diplomatic and development resources may be diverted toward countering Russia and China in this region, reducing attention and funding for other global priorities or domestic needs.
Based on analysis of 9 sections of legislative text.
Creates a State Department-led program to expand U.S. business, energy, and security ties with select Central and Eastern European countries and requires reports to Congress.
Introduced September 11, 2025 by William R. Keating · Last progress September 11, 2025
Creates a State Department–led Transatlantic Growth Enterprise program to deepen U.S. business, energy, people-to-people, and security ties with select Central and Eastern European countries and to counter Russian and Chinese influence. The Secretary of State must coordinate with the U.S. International Development Finance Corporation and other agencies, convene stakeholders, restrict participation to partners who do not undermine U.S. interests or democratic norms, and report regularly to Congress on implementation and an energy strategy. The law defines eligible "Enterprise" countries (Czech Republic, Poland, Slovakia, Hungary, Romania, Moldova, Ukraine, Bulgaria, plus others the Secretary may add), requires an implementation report within 180 days and annually thereafter, and an energy strategy report within one year assessing dependencies, opportunities, and needed authorities or financing.