Andy Barr (R-KY)
Millennium Challenge Corporation Strategic Modernization Act
A Republican bill with no cosponsors
Last activity — Referred to the House Committee on Foreign Affairs.
In committee
Introduced and handed to a committee in the chamber it started in.
The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.
Its path through Congress
- Introduced
- In Committee
What this bill would do
The Millennium Challenge Corporation Strategic Modernization Act seeks to update the Millennium Challenge Corporation's authorities regarding strategic competitors and critical minerals. The bill aims to advance U.S. economic security by supporting investments in critical mineral supply chains and strategic infrastructure. It establishes a Critical Minerals Task Force to assess supply chain vulnerabilities and identify candidate countries. Additionally, the bill introduces a Great Power Competition Factsheet to assess a country's strategic exposure to competitors like China, Russia, and Iran. Finally, the act mandates earlier engagement with the private sector and more timely completion of due diligence processes.
Yes· 3 of 8
- Scored +4
Would business owners be better off under this?
The bill encourages early engagement with the private sector to mobilize capital and improve project feasibility.
- Scored +4
Does this strengthen ties with allied countries?
The bill aims to strengthen economic ties and partnerships between the United States and partner countries through strategic investments.
- Scored +3
Does this make what the government does easier for the public to see?
The bill mandates increased transparency in how the Corporation assesses strategic exposure and benefits to the United States.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
-
Economic and National Security: The bill aims to strengthen critical mineral supply chains and strategic infrastructure to advance United States economic security and strategic competitiveness (Section 4).
-
Supply Chain Stability: The establishment of a Critical Minerals Task Force is intended to assess global and regional vulnerabilities and identify ways to enhance transparent, diversified, and sustainable mineral supply chains (Section 5).
-
Improved Project Effectiveness: By engaging the United States private sector, investors, and technical experts during the early stages of project identification, the bill seeks to improve project feasibility, effectiveness, and long-term sustainability (Section 7).
-
Private Capital Mobilization: Early private sector engagement is designed to mobilize private capital to supplement the assistance provided (Section 7).
-
Increased Accountability: The bill requires the Corporation to develop a framework to assess benefits accruing to the United States, such as increased participation of United States companies and investors (Section 8).
Potential Negative Impacts for People
-
Restrictions on Activity Types: The bill explicitly states that the Corporation is not authorized to engage in extractive activities or to subsidize mineral production (Section 5).
-
Constraint on Implementation: While the bill calls for more efficient due diligence, it includes safeguards to ensure that existing requirements for a Compact are not circumvented (Section 7).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
- Demographic And Interest Groups
- Would business owners be better off under this? — The bill encourages early engagement with the private sector to mobilize capital and improve project feasibility. Would households on low incomes be better off under this? — The bill explicitly states that its strategic goals are intended to support poverty reduction.
- National Security And Foreign Policy
- Does this strengthen ties with allied countries? — The bill aims to strengthen economic ties and partnerships between the United States and partner countries through strategic investments.
- Environment Energy And Infrastructure
- Does this better protect air, water and wildlife? — The bill calls for the Task Force to evaluate environmental constraints affecting mineral development. Does this improve buses, trains and other public transport? — The bill emphasizes strategic infrastructure which can include transit networks, though it is not the primary focus.
- Governance And Ideology
- Does this make what the government does easier for the public to see? — The bill mandates increased transparency in how the Corporation assesses strategic exposure and benefits to the United States.
- Social Issues And Justice
- Is this likely to lift people out of poverty? — The bill explicitly includes supporting poverty reduction as a purpose for strengthening critical mineral supply chains.
- Economy And Finance
- Does this make it easier to run a small business? — The bill focuses on large-scale strategic infrastructure and critical mineral supply chains rather than small business support.
- 2/23/2026
- Referred to the House Committee on Foreign Affairs.
- Introduced in House