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Romney, Manchin, Warner, Braun Introduce Bipartisan Legislation to Assess U.S. Resilience to Fiscal Shocks

Senators Romney, Manchin (I-WV), Warner (D-VA), and Braun (R-IN) introduced the Reassuring Economic Stability In Light of International, Economic, and Natural Conflicts and Emergencies (RESILIENCE) Act. The bipartisan legislation would require the U.S. Treasury Secretary and OMB Director to conduct annual examinations on the federal government’s ability to respond to hypothetical domestic and international fiscal shocks.

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Romney, Kaine Introduce Bipartisan Bill to Target China’s Maritime Militia

Senators Romney and Kaine (D-VA) introduced bipartisan legislation that provides the administration with the authority to sanction foreign adversary entities that provide support to China’s maritime militia. The Targeting Illicit Disruption and Encroachment in Seas (TIDES) Act aims to expand our toolkit to respond to China’s use of its maritime militia to exert excessive territorial claims, harass U.S. ships and those of our partners in the South China Sea, and carry out illicit fishing activities.

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