A bill to establish as an executive department of the Government of the United States a Department of International Trade and Investment, and for other purposes.
International Trade and Investment Reorganization Act - Establishes the Department of International Trade and Investment to coordinate U.S. policies for international trade, negotiate trade agreements, protect U.S. industry, agriculture, and labor from foreign competition, promote international trade, administer the U.S. Customs Service, and participate in the development of friendly countries.
Transfers to the Department all functions of the Office of the Special Representative for Trade Negotiations, the Export-Import Bank, and the Overseas Private Investment Corporation. Transfers to the Department specified functions of the Departments of State, Commerce, and Treasury and the International Trade Commission.
Sets forth the administrative provisions applicable to the Department. Requires the Secretary of International Trade and Investment to report annually to the President for submission to Congress concerning the Department's activities.
Referred to House Committee on Government Operations.
Introduced in Senate
Referred to Senate Committee on Governmental Affairs.
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